PPP Loan information for First motor group of los angeles llc

$2,125,000

First motor group of los angeles llc was initially approved for PPP Loan of amount $2,125,000, the current approved amount is $2,125,000. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 172 jobs and $2,125,000 was used to fund payroll.

First motor group of los angeles llc is Existing or more than 2 years old

PPP Loan Search / CA / Los Angeles / First motor group of los angeles llc

FIRST MOTOR GROUP OF LOS ANGELES LLC

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

FIRST MOTOR GROUP OF LOS ANGELES LLC

Borrower Address

1945 S Figueroa St 0.0

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90007-1338

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2125000.00

Current Approval Amount

2125000.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Los Angeles

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90007-1338

CD

CA-37

Jobs Reported

172

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

1500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

380000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

190000.00

Debt Interest Proceed

20000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2152940.21

Forgiveness Date

08/09/2021

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