Selma Motors, Inc.

$303,900 PPP Loan in Selma, California

Loan Details

Loan Number
5941327110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$303,900
Current Approval
$303,900
Forgiveness Amount
$307,630
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Selma Motors, Inc.
Address
2755 Auto Mall Drive
City
Selma
ZIP Code
93662
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
CA-21

Loan Use Breakdown

Payroll
$303,900

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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