Norm Reeves, Inc.

$3,617,400 PPP Loan in Cerritos, California

Loan Details

Loan Number
3764717206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$3,617,400
Current Approval
$3,617,400
Forgiveness Amount
$3,676,987
Forgiveness Date
Dec 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norm Reeves, Inc.
Address
18500 Studebaker Rd
ZIP Code
90703-5337
Business Type
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
326
Estimated Revenue
$82.2M
Rural/Urban
Urban
Congressional District
CA-45

Loan Use Breakdown

Payroll
$2,893,994
Mortgage Interest
$723,406

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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