PPP Loan information for Del montell motors ltd

$1,250,000

Del montell motors ltd was initially approved for PPP Loan of amount $1,250,000, the current approved amount is $1,250,000. The loan was approved on 03/16/2021 by The Readycap Lending, LLC reported 106 jobs and $1,250,000 was used to fund payroll.

Del montell motors ltd is Existing or more than 2 years old

DEL MONTELL MOTORS LTD

Date Approved

03/16/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

DEL MONTELL MOTORS LTD

Borrower Address

1127 Santa Monica Blvd

Borrower City

Santa Monica

Borrower State

CA

Borrower Zip

90401-3001

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Santa Monica

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90401-3001

CD

CA-36

Jobs Reported

106

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1249999.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1261232.88

Forgiveness Date

02/16/2022

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