Rector Motor Car Company

$1,632,540 PPP Loan in Burlingame, California

Loan Details

Loan Number
5488927702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,632,540
Current Approval
$1,632,540
Forgiveness Amount
$1,647,300
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rector Motor Car Company
Address
1010 Cadillac Way
ZIP Code
94010
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
91
Estimated Revenue
$22.9M
Rural/Urban
Urban
Congressional District
CA-15

Loan Use Breakdown

Payroll
$1,632,540

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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