Alfano Motorcars, INC

$1,083,447 PPP Loan in San Luis Obispo, California

Loan Details

Loan Number
2767327110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,083,447
Current Approval
$1,083,447
Forgiveness Amount
$1,097,132
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alfano Motorcars, INC
Address
1423 Calle Joaquin
ZIP Code
93405
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
52
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
CA-24

Loan Use Breakdown

Payroll
$811,750
Rent
$206,250
Utilities
$16,950
Health Care
$48,497

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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