Perfection Motor Car Ltd

$1,147,800 PPP Loan in Rio Rancho, New Mexico

Loan Details

Loan Number
2483807110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,147,800
Current Approval
$1,147,800
Forgiveness Amount
$1,161,574
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Perfection Motor Car Ltd
Address
2603 the American Rd SE
ZIP Code
87124-1839
Business Type
Subchapter S Corporation
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
93
Estimated Revenue
$23.4M
Rural/Urban
Urban
Congressional District
NM-01

Loan Use Breakdown

Payroll
$918,270
Mortgage Interest
$229,530

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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