First Motor Group of Encino LLC
$1,700,000 PPP Loan in Encino, California
Loan Details
- Loan Number
- 1315517102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,700,000
- Current Approval
- $1,700,000
- Forgiveness Amount
- $1,722,167
- Forgiveness Date
- Aug 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- First Motor Group of Encino LLC
- Address
- 16721 Venura Blvd 0.0
- City
- Encino
- State
- California
- ZIP Code
- 91436-1701
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Mercedes-Benz - Passenger Car Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 140
- Estimated Revenue
- $35.3M
- Rural/Urban
- Urban
- Congressional District
- CA-32
Loan Use Breakdown
- Payroll
- $1,275,000
- Utilities
- $30,000
- Health Care
- $95,000
- Mortgage Interest
- $300,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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