Classic Concepts, Inc.

$2,325,800 PPP Loan in Vernon, California

Loan Details

Loan Number
8572967002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,325,800
Current Approval
$2,325,800
Forgiveness Amount
$2,355,111
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Classic Concepts, Inc.
Address
4505 Bandini Blvd
City
Vernon
ZIP Code
90058-5408
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423210)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
$41.4M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$1,800,000
Rent
$450,800
Utilities
$75,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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