Cv Automotive Group INC

$1,496,472 PPP Loan in Chula Vista, California

Loan Details

Loan Number
5482357108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,496,472
Current Approval
$1,496,472
Forgiveness Amount
$1,511,708
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cv Automotive Group INC
Address
560 Auto Park Dr 0.0
ZIP Code
91911-6026
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
118
Estimated Revenue
$29.7M
Rural/Urban
Urban
Congressional District
CA-52

Loan Use Breakdown

Payroll
$1,106,167
Rent
$120,000
Utilities
$34,638
Health Care
$64,463
Debt Interest
$171,204

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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