PPP Loan information for Irvine auto retail ii, inc

$625,000

Irvine auto retail ii, inc was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 04/15/2020 by The Comerica Bank reported 59 jobs and $625,000 was used to fund payroll.

Irvine auto retail ii, inc is Existing or more than 2 years old

IRVINE AUTO RETAIL II, INC

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

IRVINE AUTO RETAIL II, INC

Borrower Address

20 AUTO CENTER DR

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92618-2802

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVINE

Project County Name

ORANGE

Project State

CA

Project Zip

92618-2802

CD

CA-47

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500050.00

Mortgage Interest Proceed

124950.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

637829.86

Forgiveness Date

05/04/2022

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