This loan was approved on
and has been fully disbursed.
Edmunds Com, Inc
2401 Colorado Avenue
Santa Monica, CA 90404
Edmunds Com, Inc
Internet Publishing and Broadcasting and Web Search Portals
2401 Colorado Avenue Santa Monica, CA 90404
Edmunds Com, Inc. is a leading Internet Publishing and Broadcasting and Web Search Portals company located in Santa Monica, CA with over 500 employees. The company specializes in providing comprehensive online resources for car shoppers, including comprehensive automobile reviews and information, pricing data from thousands of new and used vehicle dealerships nationwide, lifestyle advice on buying or leasing vehicles as well as other automotive topics such as auto financing options. Edmunds also provides financial services for motorists including loan calculations, vehicle appraisals and coverage comparisons between several different insurers. Furthermore it offers an extensive range of proprietary web applications available on its website that allows consumers to find the right car at the right price every time. With its cutting-edge technology solutions it is committed to being one of the most trusted sources for automotive research available online today while continuing to strive towards becoming a leader within the industry through providing top notch products & services in terms of quality & value added discounts each year.
During round 1 of the paycheck protection program, Edmunds Com, Inc requested a PPP loan for $10,000,000.00. They were approved on 4/15/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Mufg Union Bank, National Association. Of the approved amount, Edmunds Com, Inc has received 100% of the approved amount.
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The couple, Dora Brown and Christopher Scott, each face multiple counts of wire fraud.
The woman pleaded guilty to wire fraud and making false statements to probation officer.
This was in response to a grand jury's indictment last year.