Thorson Gmc Truck & Buick Motor Co

$873,331 PPP Loan in Pasadena, California

Loan Details

Loan Number
2480337105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$873,331
Current Approval
$873,331
Forgiveness Amount
$881,918
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thorson Gmc Truck & Buick Motor Co
Address
3846 E. Colorado Blvd
ZIP Code
91107-3940
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
CA-28

Loan Use Breakdown

Payroll
$873,331

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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