PPP Loan information for Perfection motor car ltd

$1,147,800

Perfection motor car ltd was initially approved for PPP Loan of amount $1,147,800, the current approved amount is $1,147,800. The loan was approved on 04/10/2020 by The Comerica Bank reported 93 jobs and $1,147,800 was used to fund payroll.

Perfection motor car ltd is Existing or more than 2 years old

PPP Loan Search / NM / RIO RANCHO / Perfection motor car ltd

PERFECTION MOTOR CAR LTD

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PERFECTION MOTOR CAR LTD

Borrower Address

2603 THE AMERICAN RD SE

Borrower City

RIO RANCHO

Borrower State

NM

Borrower Zip

87124-1839

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1147800.00

Current Approval Amount

1147800.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIO RANCHO

Project County Name

SANDOVAL

Project State

NM

Project Zip

87124-1839

CD

NM-01

Jobs Reported

93

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

918269.54

Mortgage Interest Proceed

229530.46

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1161573.60

Forgiveness Date

06/22/2021

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