# PPP loan: BRITISH MOTORCARS VENTURA INC
> **$603K** approved 04/29/2020 · Paid in Full · Loan `1971577303`
## Borrower
- **Name:** BRITISH MOTORCARS VENTURA INC
- **Address:** 3190 PERKIN AVE, VENTURA, CA, 93003-7204
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Forgiven:** $610K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Mortgage interest:** $120K
- **Jobs reported:** 33
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*