Sands Motor Company
$3,039,810 PPP Loan in Glendale, Arizona
Loan Details
- Loan Number
- 1682057108
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,039,810
- Current Approval
- $3,039,810
- Forgiveness Amount
- $3,080,689
- Forgiveness Date
- Aug 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sands Motor Company
- Address
- 5418 NW Grand Ave 0.0
- City
- Glendale
- State
- Arizona
- ZIP Code
- 85301-4501
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 248
- Estimated Revenue
- $62.5M
- Rural/Urban
- Urban
- Congressional District
- AZ-03
Loan Use Breakdown
- Payroll
- $2,734,665
- Rent
- $89,394
- Utilities
- $60,000
- Health Care
- $84,704
- Debt Interest
- $71,047
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| Friendship Retirement Corporation | $4,187,200 | |
| Don Sanderson Ford INC | $4,032,700 | |
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| Cdbk Limited LLC | $3,708,430 | |
| Redflex Traffic Systems, Inc. | $2,933,400 |
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