Drive Shops, Inc.

$980,420 PPP Loan in Monrovia, California

Loan Details

Loan Number
5047747102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$980,420
Current Approval
$980,420
Forgiveness Amount
$992,131
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drive Shops, Inc.
Address
324 S Myrtle Ave
ZIP Code
91016-2849
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541519)
Business Age
Existing or more than 2 years old
Jobs Reported
74
Estimated Revenue
$15.3M
Rural/Urban
Urban
Congressional District
CA-31

Loan Use Breakdown

Payroll
$785,000
Rent
$150,000
Utilities
$25,000
Health Care
$20,420

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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