San Fernando Valley Automotive Group

$2,353,600 PPP Loan in Northridge, California

Loan Details

Loan Number
3629797107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$2,353,600
Current Approval
$2,353,600
Forgiveness Amount
$2,381,059
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
San Fernando Valley Automotive Group
Address
18600 Devonshire St
ZIP Code
91324-1309
Business Type
Limited Liability Company(llc)
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
179
Estimated Revenue
$45.1M
Rural/Urban
Urban
Congressional District
CA-32

Loan Use Breakdown

Payroll
$1,765,200
Rent
$294,200
Utilities
$294,200

Lender Information

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

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