Merced Auto Cars, Inc.

$736,000 PPP Loan in Merced, California

Loan Details

Loan Number
7557887010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$736,000
Current Approval
$686,700
Forgiveness Amount
$694,692
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merced Auto Cars, Inc.
Address
1400 Auto Center Dr
City
Merced
ZIP Code
95340-5669
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$16.6M
Rural/Urban
Urban
Congressional District
CA-13

Loan Use Breakdown

Payroll
$686,700

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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