South Bay Motors, LLC

$3,105,900 PPP Loan in Hawthorne, California

Loan Details

Loan Number
4889957304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$3,105,900
Current Approval
$3,105,900
Forgiveness Amount
$3,139,375
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Bay Motors, LLC
Address
14900 Hindry Ave
ZIP Code
90250-6761
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Audi Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
184
Estimated Revenue
$46.4M
Rural/Urban
Urban
Congressional District
CA-43

Loan Use Breakdown

Payroll
$2,484,794
Mortgage Interest
$621,106

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

Other PPP Loans in Hawthorne, CA

BusinessApproved
Eureka Restaurant Group LLC$8,897,467NewBizBotAI Deep Dive
Lithographix, Inc.$5,367,647NewBizBotAI Deep Dive
South Bay Ford INC$2,902,162NewBizBotAI Deep Dive
Lithographix INC$2,000,000NewBizBotAI Deep Dive
Eureka Restaurant Group LLC$2,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free