PPP Loan information for Grech motors inc

$467,315

Grech motors inc was initially approved for PPP Loan of amount $467,315, the current approved amount is $467,315. The loan was approved on 02/07/2021 by The CommerceWest Bank reported 22 jobs and $467,315 was used to fund payroll.

Grech motors inc is Existing or more than 2 years old

GRECH MOTORS INC

Date Approved

02/07/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

GRECH MOTORS INC

Borrower Address

6915 Arlington Ave.

Borrower City

RIVERSIDE

Borrower State

CA

Borrower Zip

92504-1905

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

467315.00

Current Approval Amount

467315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238353

Servicing Lender Name

CommerceWest Bank

Servicing Lender Address

2111 Business Center Dr

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-1019

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIVERSIDE

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92504-1905

CD

CA-39

Jobs Reported

22

NAICS Code

336211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

467313.00

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

238353

Originating Lender

CommerceWest Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

470716.01

Forgiveness Date

11/01/2021

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