B J Maurer Motor Co, Inc.

$271,200 PPP Loan in Boswell, Pennsylvania

Loan Details

Loan Number
2127407210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$271,200
Current Approval
$271,200
Forgiveness Amount
$272,902
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
B J Maurer Motor Co, Inc.
Address
327 Alwine Rd
ZIP Code
15531-0056
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
PA-14

Loan Use Breakdown

Payroll
$195,000
Rent
$21,600
Utilities
$2,500
Health Care
$25,500
Mortgage Interest
$5,000
Debt Interest
$21,600

Lender Information

Servicing Lender
First Commonwealth Bank
Originating Lender
First Commonwealth Bank

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