Trans Ocean Motor Co INC

$798,260 PPP Loan in Pasadena, California

Loan Details

Loan Number
9963067005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$798,260
Current Approval
$798,260
Forgiveness Amount
$806,505
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Trans Ocean Motor Co INC
Address
130 N Sierra Madre Blvd
ZIP Code
91107-3327
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
CA-28

Loan Use Breakdown

Payroll
$638,608
Rent
$150,000
Utilities
$9,652

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Pacific Premier Bank

Other PPP Loans in Pasadena, CA

BusinessApproved
Greystone Investment Associates, Inc.$10,000,000NewBizBotAI Deep Dive
Hathaway-Sycamores Child and Family Services$9,698,225NewBizBotAI Deep Dive
Xld Century LLC$6,003,600NewBizBotAI Deep Dive
Openx Technologies, INC$5,830,800NewBizBotAI Deep Dive
California Clinic Management, LLC$5,779,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free