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Bill Pearce Motors

$2,391,680 PPP Loan in Reno, Nevada

Loan Details

Loan Number
7609567109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,391,680
Current Approval
$2,391,680
Forgiveness Amount
$2,423,702
Forgiveness Date
Aug 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bill Pearce Motors
Address
11555 S. Virginia St.
City
Reno
State
Nevada
ZIP Code
89511-9307
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
157
Estimated Revenue
$39.6M
Rural/Urban
Urban
Congressional District
NV-02

Loan Use Breakdown

Payroll
$2,037,062
Rent
$324,618
Utilities
$30,000

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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