Cerritos Ford, Inc.

$2,394,300 PPP Loan in Cerritos, California

Loan Details

Loan Number
8850497200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,394,300
Current Approval
$2,394,300
Forgiveness Amount
$2,435,668
Forgiveness Date
Jan 21, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Cerritos Ford, Inc.
Address
18900 Studebaker Road
ZIP Code
90703-5309
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Lincoln Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
227
Estimated Revenue
$57.2M
Rural/Urban
Urban
Congressional District
CA-45

Loan Use Breakdown

Payroll
$1,915,498
Mortgage Interest
$478,802

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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