Downey Import Cars, Inc.

$1,708,980 PPP Loan in Downey, California

Loan Details

Loan Number
1733527108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,708,980
Current Approval
$1,708,980
Forgiveness Amount
$1,728,832
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Downey Import Cars, Inc.
Address
7321 Firestone Blvd
City
Downey
ZIP Code
90241-4108
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
262
Estimated Revenue
$66.0M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$1,708,980

Lender Information

Servicing Lender
Farmers & Merchants Bank of Long Beach
Originating Lender
Farmers & Merchants Bank of Long Beach

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