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 04/14/2020 by The Customers Bank 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

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

DEL MONTELL MOTORS LTD

Borrower Address

1127 Santa Monica Boulevard

Borrower City

Santa Monica

Borrower State

CA

Borrower Zip

90401

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1250000.00

Current Approval Amount

1250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

90401-1000

CD

CA-33

Jobs Reported

106

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1250000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1260239.73

Forgiveness Date

02/25/2021

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