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Hertrichs of Milford, Ltd

$1,344,800 PPP Loan in Milford, Delaware

Loan Details

Loan Number
1302717202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,344,800
Current Approval
$1,344,800
Forgiveness Amount
$1,357,916
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hertrichs of Milford, Ltd
Address
1427 Bay Road
City
Milford
State
Delaware
ZIP Code
19963
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$23.9M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$1,019,945
Rent
$147,500
Utilities
$19,100
Health Care
$62,000
Debt Interest
$96,255

Lender Information

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

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