Hanover Terminal INC

$566,400 PPP Loan in Hanover, Pennsylvania

Loan Details

Loan Number
1338707201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$566,400
Current Approval
$566,400
Forgiveness Amount
$573,554
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hanover Terminal INC
Address
201 Center Street
ZIP Code
17331
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$22.3M
Rural/Urban
Urban
Congressional District
PA-11

Loan Use Breakdown

Payroll
$419,968
Rent
$126,432
Health Care
$20,000

Lender Information

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

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