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
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

Other PPP Loans in Glendale, AZ

BusinessApproved
Friendship Retirement Corporation$4,187,200NewBizBotAI Deep Dive
Don Sanderson Ford INC$4,032,700NewBizBotAI Deep Dive
Palo Verde Hematology/oncology Ltd.$3,909,600NewBizBotAI Deep Dive
Cdbk Limited LLC$3,708,430NewBizBotAI Deep Dive
Redflex Traffic Systems, Inc.$2,933,400NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free