High Desert Autos, INC

$971,045 PPP Loan in Victorville, California

Loan Details

Loan Number
9950957002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$971,045
Current Approval
$971,045
Forgiveness Amount
$982,006
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
High Desert Autos, INC
Address
14644 Valley Center Dr
ZIP Code
92395-4205
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
CA-23

Loan Use Breakdown

Payroll
$728,283
Rent
$97,105
Utilities
$48,552
Debt Interest
$97,105

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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