Independence Motors, Inc.
$379,500 PPP Loan in Bloomsburg, Pennsylvania
Loan Details
- Loan Number
- 1392367207
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $379,500
- Current Approval
- $379,500
- Forgiveness Amount
- $382,515
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Independence Motors, Inc.
- Address
- 3099 Columbia Blvd
- City
- Bloomsburg
- State
- Pennsylvania
- ZIP Code
- 17815
- Business Type
- Subchapter S 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
- 35
- Estimated Revenue
- $8.8M
- Rural/Urban
- Rural
- Congressional District
- PA-09
Loan Use Breakdown
- Payroll
- $266,798
- Rent
- $68,000
- Utilities
- $7,168
- Health Care
- $21,284
- Debt Interest
- $16,250
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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