Second Motor Group of Valencia LLC

$1,312,000 PPP Loan in Santa Clarita, California

Loan Details

Loan Number
1621157110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,312,000
Current Approval
$1,312,000
Forgiveness Amount
$1,329,108
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Second Motor Group of Valencia LLC
Address
23355 Valencia Blvd 0.0
ZIP Code
91355-5220
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$26.5M
Rural/Urban
Urban
Congressional District
CA-27

Loan Use Breakdown

Payroll
$985,000
Rent
$200,000
Utilities
$27,000
Debt Interest
$100,000

Lender Information

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

Other PPP Loans in Santa Clarita, CA

BusinessApproved
Petrelli Electric Inc.$3,962,700NewBizBotResearch
Stay Green Inc.$3,283,000NewBizBotResearch
Partnership 1, INC$2,865,692NewBizBotResearch
Santa Clarita Concrete$2,158,750NewBizBotResearch
Santa Clarita Concrete$2,000,000NewBizBotResearch

Want to research this company further?

Try NewBizBot free