Major Automotive Group, LLC

$481,200 PPP Loan in New Milford, Pennsylvania

Loan Details

Loan Number
1220347107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$481,200
Current Approval
$481,200
Forgiveness Amount
$487,119
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Major Automotive Group, LLC
Address
1534 North 9th Street
ZIP Code
18834
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.6M
Rural/Urban
Rural
Congressional District
PA-09

Loan Use Breakdown

Payroll
$360,900
Utilities
$60,150
Mortgage Interest
$60,150

Lender Information

Servicing Lender
Nbt Bank, National Association
Originating Lender
Nbt Bank, National Association

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