West Coast Tanning

$750,000 PPP Loan in Wildomar, California

Loan Details

Loan Number
6138637006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$750,000
Current Approval
$580,596
Forgiveness Amount
$585,829
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
West Coast Tanning
Address
23905 Clinton Keith Rd #114
ZIP Code
92595-7896
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812112)
Franchise
Palm Beach Tan
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$21.0M
Rural/Urban
Urban
Congressional District
CA-41

Loan Use Breakdown

Payroll
$435,447
Rent
$92,149
Utilities
$25,000
Health Care
$16,000
Debt Interest
$12,000

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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