PPP Loan information for New century alhambra automobiles, llc

$2,001,900

New century alhambra automobiles, llc was initially approved for PPP Loan of amount $2,001,900, the current approved amount is $2,001,900. The loan was approved on 04/07/2020 by The East West Bank reported 160 jobs and $2,001,900 was used to fund payroll.

New century alhambra automobiles, llc is Existing or more than 2 years old

NEW CENTURY ALHAMBRA AUTOMOBILES, LLC

Date Approved

04/07/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NEW CENTURY ALHAMBRA AUTOMOBILES, LLC

Borrower Address

1139 W Main Street

Borrower City

ALHAMBRA

Borrower State

CA

Borrower Zip

91801-3328

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2001900.00

Current Approval Amount

2001900.00

Undisbursed Amount

0.00

Franchise Name

BMW of North America, LLC - Center Agreement

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALHAMBRA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91801-3328

CD

CA-28

Jobs Reported

160

NAICS Code

441110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2001900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2030260.25

Forgiveness Date

09/02/2021

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