PPP Loan information for Los angeles motor cars inc.

$1,689,680

Los angeles motor cars inc. was initially approved for PPP Loan of amount $1,689,680, the current approved amount is $1,689,680. The loan was approved on 04/05/2020 by The PNC Bank, National Association reported 125 jobs and $1,689,680 was used to fund payroll.

Los angeles motor cars inc. is New Business or 2 years or less

PPP Loan Search / CA / LOS ANGELES / Los angeles motor cars inc.

LOS ANGELES MOTOR CARS INC.

Date Approved

04/05/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LOS ANGELES MOTOR CARS INC.

Borrower Address

2025 S. FIGUEROA ST

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90007-1340

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1689680.00

Current Approval Amount

1689680.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90007-1340

CD

CA-37

Jobs Reported

125

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

211210.00

Payroll Proceed

1267260.00

Mortgage Interest Proceed

211210.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1704934.06

Forgiveness Date

02/26/2021

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