As part of the Paycheck Protection Program VIP MOTOR CARS LTD was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

VIP MOTOR CARS LTD


Loan Amount	$1,500,800
BusinessName	VIP MOTOR CARS LTD
Address	4095 E Palm Canyon Dr
City	PALM SPRINGS
State	CA
Zip	92264
NAICSCode	551112
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	113
DateApproved	04/06/2020
Lender	Simmons Bank
CD	CA-36
BusinessName.clean	VIP MOTOR CARS LTD

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

BDS CONSTRUCTORS
VIP PROVIDERS
VIP RUBBER COMPANY
VIP STRUCTURES
VIP TRANS