Rsm Motors LP

$848,442 PPP Loan in Rancho Santa Margarita, California

Loan Details

Loan Number
1988317106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$848,442
Current Approval
$848,442
Forgiveness Amount
$855,787
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rsm Motors LP
Address
29961 Santa Margarita Pkwy
ZIP Code
92688-3610
Business Type
Partnership
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
CA-40

Loan Use Breakdown

Payroll
$720,000
Rent
$118,442
Mortgage Interest
$10,000

Lender Information

Servicing Lender
American Riviera Bank
Originating Lender
American Riviera Bank

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