PPP Loan information for Cv automotive group inc

$1,496,472

Cv automotive group inc was initially approved for PPP Loan of amount $1,496,472, the current approved amount is $1,496,472. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 118 jobs and $1,496,472 was used to fund payroll.

Cv automotive group inc is New Business or 2 years or less

CV AUTOMOTIVE GROUP INC

Date Approved

04/13/2020

SBA Office Code

0954

Processing Method

PPP

Borrower Name

CV AUTOMOTIVE GROUP INC

Borrower Address

560 Auto Park Dr 0.0

Borrower City

Chula Vista

Borrower State

CA

Borrower Zip

91911-6026

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1496472.00

Current Approval Amount

1496472.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Chula Vista

Project County Name

SAN DIEGO

Project State

CA

Project Zip

91911-6026

CD

CA-52

Jobs Reported

118

NAICS Code

441110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

34638.00

Payroll Proceed

1106167.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

64463.00

Debt Interest Proceed

171204

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1511707.75

Forgiveness Date

04/26/2021

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