Elk Grove Motors, Inc.

$485,000 PPP Loan in Elk Grove, California

Loan Details

Loan Number
9143137105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$485,000
Current Approval
$485,000
Forgiveness Amount
$490,953
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elk Grove Motors, Inc.
Address
8480 Laguna Grove Dr
ZIP Code
95757
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.1M
Rural/Urban
Urban
Congressional District
CA-07

Loan Use Breakdown

Payroll
$485,000

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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