Loans Issued BY Ally Bank

Loan Amount Company Name Location Lender
$1-2M ANCHORAGE CHRYSLER CENTER, INC. Anchorage , AK Ally Bank
$350K-1M COURTESY BUICK GMC, INC. Birmingham , AL Ally Bank
$350K-1M LARRY PUCKETT CHEVROLET Prattville , AL Ally Bank
$350K-1M MCCONNELL AUTOMOTIVE CORP. Mobile , AL Ally Bank
$150K-350K GEORGE NAHAS ENTERPRISES-AL, INC Montgomery , AL Ally Bank
$150K-350K KIWANIS HOLDINGS, LLC Oneonta , AL Ally Bank
$1-2M HAROLD GWATNEY CHEVROLET COMPANY Jacksonville , AR Ally Bank
$1-2M NORTH LITTLE ROCK BUICK GMC, INC. North little rock , AR Ally Bank
$350K-1M YORK GARY AUTOPLEX, INC. Nashville , AR Ally Bank
$150K-350K HOLT AUTO GROUP, LIMITED PARTNERSHIP Crossett , AR Ally Bank
$1-2M COURTESY AUTO OF MESA LLC Mesa , AZ Ally Bank
$1-2M LIBERTY BUICK, INC Peoria , AZ Ally Bank
$1-2M LIBERTY GMC, INC. Peoria , AZ Ally Bank
$350K-1M COURTESY AUTO OF SCOTTSDALE, LLC Scottsdale , AZ Ally Bank
$350K-1M FINDLAY AUTOMOTIVE OF ARIZONA, LLC Bullhead city , AZ Ally Bank
$350K-1M FINDLAY BG PRESCOTT, LLC Prescott , AZ Ally Bank
$350K-1M FINDLAY IMPORT CENTER, LLC Flagstaff , AZ Ally Bank
$350K-1M FINDLAY SB PRESCOTT, LLC Prescott , AZ Ally Bank
$150K-350K FINDLAY-CORDER, LLC Flagstaff , AZ Ally Bank
$2-5M CALIFORNIA AUTOMOTIVE RETAILING GROUP INC Dublin , CA Ally Bank
$2-5M FREMONT AUTOMOTIVE RETAILING GROUP, INC Fremont , CA Ally Bank
$2-5M H.W. HUNTER, INC. Lancaster , CA Ally Bank
$2-5M JOHN L. SULLIVAN CHEVROLET, INC. Roseville , CA Ally Bank
$2-5M JOHN L. SULLIVAN INVESTMENTS, INC. Roseville , CA Ally Bank
$2-5M MARK CHRISTOPHER CHEVROLET, INC Ontario , CA Ally Bank
$2-5M MOTOR CITY SALES & SERVICE Bakersfield , CA Ally Bank
$2-5M PARADISE CHEVROLET CADILLAC Temecula , CA Ally Bank
$2-5M SURF CITY AUTO GROUP, INC. Huntington beach , CA Ally Bank
$1-2M ALFRED MATTHEWS INC. Modesto , CA Ally Bank
$1-2M ANTELOPE VALLEY CHEVROLET, INC. Lancaster , CA Ally Bank
$1-2M COMMUNITY CHEVROLET COMPANY Burbank , CA Ally Bank
$1-2M CONNELL CHEVROLET Costa mesa , CA Ally Bank
$1-2M COURTESY CHEVROLET CENTER San diego , CA Ally Bank
$1-2M CROWN DODGE Ventura , CA Ally Bank
$1-2M DICK DEWESE CHEVROLET, INC. Redlands , CA Ally Bank

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.