PPP Loan information for Santa monica motor group

$569,800

Santa monica motor group was initially approved for PPP Loan of amount $569,800, the current approved amount is $569,800. The loan was approved on 05/02/2020 by The Wallis Bank reported 50 jobs and $569,800 was used to fund payroll.

Santa monica motor group is New Business or 2 years or less

PPP Loan Search / CA / SANTA MONICA / Santa monica motor group

SANTA MONICA MOTOR GROUP

Date Approved

05/02/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SANTA MONICA MOTOR GROUP

Borrower Address

3219 SANTA MONICA BLVD

Borrower City

SANTA MONICA

Borrower State

CA

Borrower Zip

90404-2605

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

569800.00

Current Approval Amount

569800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SANTA MONICA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90404-2605

CD

CA-36

Jobs Reported

50

NAICS Code

441228

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

569800.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

574944.03

Forgiveness Date

03/24/2021

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