Culver City Motor Cars, Inc.

$1,379,384 PPP Loan in Culver City, California

Loan Details

Loan Number
5955087002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,379,384
Current Approval
$1,379,384
Forgiveness Amount
$1,399,500
Forgiveness Date
Sep 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Culver City Motor Cars, Inc.
Address
11201 Washington Blvd
ZIP Code
90230-4617
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volvo Cars Usa, LLC -� Retailer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$24.9M
Rural/Urban
Urban
Congressional District
CA-37

Loan Use Breakdown

Payroll
$1,034,538
Utilities
$114,949
Health Care
$114,948
Mortgage Interest
$114,949

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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