Palm Springs Motors, INC
$1,928,697 PPP Loan in Cathedral City, California
Loan Details
- Loan Number
- 7687927007
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,928,697
- Current Approval
- $1,928,697
- Forgiveness Amount
- $1,947,931
- Forgiveness Date
- Apr 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Palm Springs Motors, INC
- Address
- 69200 Palm Canyon Dr
- City
- Cathedral City
- State
- California
- ZIP Code
- 92234-1419
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 142
- Estimated Revenue
- $35.8M
- Rural/Urban
- Urban
- Congressional District
- CA-25
Loan Use Breakdown
- Payroll
- $1,542,958
- Utilities
- $96,435
- Health Care
- $96,435
- Mortgage Interest
- $192,869
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Pacific Premier Bank
Other PPP Loans in Cathedral City, CA
| Business | Approved | |
|---|---|---|
| Angel View INC | $3,294,112 |  AI Deep Dive |
| Plaza Motors | $1,765,588 | AI Deep Dive |
| Plaza Motors | $1,318,720 | AI Deep Dive |
| Shottenkirk California, LLC | $888,500 | AI Deep Dive |
| Gl Hod, LLC | $841,447 | AI Deep Dive |
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