Crown Motors, LLC

$2,115,200 PPP Loan in Redding, California

Loan Details

Loan Number
3776247106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$2,115,200
Current Approval
$2,115,200
Forgiveness Amount
$2,090,857
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crown Motors, LLC
Address
555 Cypress Ave
ZIP Code
96001-2819
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
156
Estimated Revenue
$39.3M
Rural/Urban
Urban
Congressional District
CA-01

Loan Use Breakdown

Payroll
$1,692,184
Mortgage Interest
$423,016

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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