M & M Automotive Group, Inc.

$708,100 PPP Loan in Oakland, California

Loan Details

Loan Number
6707457001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$708,100
Current Approval
$708,100
Forgiveness Amount
$716,342
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M & M Automotive Group, Inc.
Address
2740 Broadway
ZIP Code
94612-3110
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
CA-12

Loan Use Breakdown

Payroll
$562,903
Rent
$109,197
Utilities
$30,000
Mortgage Interest
$6,000

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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