El Centro Motors

$1,244,134 PPP Loan in El Centro, California

Loan Details

Loan Number
1009107110
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,244,134
Current Approval
$1,244,134
Forgiveness Amount
$1,257,275
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
El Centro Motors
Address
1520 W. Ford Dr. 0.0
ZIP Code
92243-1603
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$22.7M
Rural/Urban
Urban
Congressional District
CA-25

Loan Use Breakdown

Payroll
$1,045,754
Utilities
$18,942
Health Care
$61,888
Mortgage Interest
$108,000
Debt Interest
$9,550

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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