Innovative Automotive Holdings, LLC
$410,882 PPP Loan in Cathedral City, California
Loan Details
- Loan Number
- 3816557100
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $410,882
- Current Approval
- $410,882
- Forgiveness Amount
- $414,912
- Forgiveness Date
- Apr 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Innovative Automotive Holdings, LLC
- Address
- 67615 E. Palm Canyon Dr
- City
- Cathedral City
- State
- California
- ZIP Code
- 92234-5454
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Volvo Cars Usa, LLC -� Retailer Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 44
- Estimated Revenue
- $11.1M
- Rural/Urban
- Urban
- Congressional District
- CA-25
Loan Use Breakdown
- Payroll
- $318,653
- Rent
- $32,000
- Utilities
- $12,729
- Health Care
- $9,500
- Debt Interest
- $38,000
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Pacific Premier Bank
Other PPP Loans in Cathedral City, CA
| Business | Approved | |
|---|---|---|
| Angel View INC | $3,294,112 |  AI Deep Dive |
| Palm Springs Motors, INC | $1,928,697 | AI Deep Dive |
| Plaza Motors | $1,765,588 | AI Deep Dive |
| Plaza Motors | $1,318,720 | AI Deep Dive |
| Shottenkirk California, LLC | $888,500 | AI Deep Dive |
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