PPP Loan information for Believe automotive, inc.

$866,982

Believe automotive, inc. was initially approved for PPP Loan of amount $866,982, the current approved amount is $866,982. The loan was approved on 04/28/2020 by The Pacific Western Bank reported 64 jobs and $866,982 was used to fund payroll.

Believe automotive, inc. is New Business or 2 years or less

BELIEVE AUTOMOTIVE, INC.

Date Approved

04/28/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

BELIEVE AUTOMOTIVE, INC.

Borrower Address

301 S HOPE AVENUE

Borrower City

SANTA BARBARA

Borrower State

CA

Borrower Zip

93015

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

866982.00

Current Approval Amount

866982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14795

Servicing Lender Name

Pacific Western Bank

Servicing Lender Address

9701 Wilshire Blvd, Ste 700

Servicing Lender City

BEVERLY HILLS

Servicing Lender State

CA

Servicing Lender Zip

90212-2007

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SANTA BARBARA

Project County Name

VENTURA

Project State

CA

Project Zip

93015-1000

CD

CA-26

Jobs Reported

64

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

866982.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

14795

Originating Lender

Pacific Western Bank

Originating Lender City

BEVERLY HILLS

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

877742.08

Forgiveness Date

08/03/2021

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