Tim Razzari Motors, INC

$973,300 PPP Loan in Merced, California

Loan Details

Loan Number
2562017107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$973,300
Current Approval
$973,300
Forgiveness Amount
$983,790
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tim Razzari Motors, INC
Address
1234 Auto Center Dr
City
Merced
ZIP Code
95340-5668
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
CA-13

Loan Use Breakdown

Payroll
$778,710
Mortgage Interest
$194,590

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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