PPP Loan information for Newport beach automotive group, llc

$1,255,277

Newport beach automotive group, llc was initially approved for PPP Loan of amount $1,194,675, the current approved amount is $1,255,277. The loan was approved on 04/27/2020 by The U.S. Bank, National Association reported 72 jobs and $1,255,277 was used to fund payroll.

Newport beach automotive group, llc is Existing or more than 2 years old

NEWPORT BEACH AUTOMOTIVE GROUP, LLC

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

NEWPORT BEACH AUTOMOTIVE GROUP, LLC

Borrower Address

44 AUTO CENTER DR

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92618-2802

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1194675.00

Current Approval Amount

1255277.00

Undisbursed Amount

0.00

Franchise Name

Alfa Romeo Dealer Agreement

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

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

72

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1255277.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1270898.22

Forgiveness Date

07/29/2021

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