Premier Auto Credit

$2,200,000 PPP Loan in Van Nuys, California

Loan Details

Loan Number
7905847104
Date Approved
Apr 14, 2020
Loan Status
Exemption 4
Initial Approval
$2,200,000
Current Approval
$1,118,300
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
2 months
Draw
First Draw

Business Information

Business Name
Premier Auto Credit
Address
6502 Van Nuys Blvd.
ZIP Code
91401-1424
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (522220)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$41.1M
Rural/Urban
Urban
Congressional District
CA-29

Loan Use Breakdown

Payroll
$790,000
Rent
$65,000
Utilities
$27,000
Health Care
$90,000
Debt Interest
$146,300

Lender Information

Servicing Lender
Commercial Bank of California
Originating Lender
Commercial Bank of California

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