Herb Gordon Auto Group, Inc.

$3,981,600 PPP Loan in Silver Spring, Maryland

Loan Details

Loan Number
1536667203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,981,600
Current Approval
$3,981,600
Forgiveness Amount
$4,037,015
Forgiveness Date
Sep 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Herb Gordon Auto Group, Inc.
Address
3301 Briggs Chaney Road
ZIP Code
20904
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
308
Estimated Revenue
$77.6M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$2,986,179
Rent
$597,252
Health Care
$398,169

Lender Information

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

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