Baron Brothers Auto Group INC

$1,120,373 PPP Loan in Patchogue, New York

Loan Details

Loan Number
1091967108
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,120,373
Current Approval
$1,120,373
Forgiveness Amount
$1,135,531
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Baron Brothers Auto Group INC
Address
17 Medford Ave 0.0
ZIP Code
11772-1225
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$803,925
Rent
$49,692
Utilities
$17,337
Health Care
$192,042
Debt Interest
$57,377

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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