Hertrich Buick-Gmc-Isuzu Co., Inc.

$324,000 PPP Loan in Seaford, Delaware

Loan Details

Loan Number
1295317201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$324,000
Current Approval
$324,000
Forgiveness Amount
$327,027
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hertrich Buick-Gmc-Isuzu Co., Inc.
Address
26953 Sussex Highway
ZIP Code
19973
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$244,935
Rent
$37,000
Utilities
$4,300
Health Care
$15,000
Debt Interest
$22,765

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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