San Fernando Motor Company

$1,573,200 PPP Loan in San Fernando, California

Loan Details

Loan Number
3525867110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,573,200
Current Approval
$1,573,200
Forgiveness Amount
$1,585,917
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
San Fernando Motor Company
Address
700 San Fernando Rd
ZIP Code
91340-3307
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Dodge - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
117
Estimated Revenue
$29.5M
Rural/Urban
Urban
Congressional District
CA-29

Loan Use Breakdown

Payroll
$1,179,975
Rent
$196,562
Utilities
$196,663

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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