PPP Loan information for Victorville motors, inc

$1,737,298

Victorville motors, inc was initially approved for PPP Loan of amount $1,737,298, the current approved amount is $1,737,298. The loan was approved on 04/10/2020 by The Ally Bank reported 162 jobs and $1,737,298 was used to fund payroll.

Victorville motors, inc is Existing or more than 2 years old

VICTORVILLE MOTORS, INC

Date Approved

04/10/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

VICTORVILLE MOTORS, INC

Borrower Address

14617 CIVIC DR

Borrower City

VICTORVILLE

Borrower State

CA

Borrower Zip

92394-0844

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1737297.50

Current Approval Amount

1737297.50

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VICTORVILLE

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

92394-0844

CD

CA-23

Jobs Reported

162

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1737297.50

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1755346.09

Forgiveness Date

04/28/2021

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