Emerson Auto Sales, Inc.

$511,800 PPP Loan in Auburn, Maine

Loan Details

Loan Number
2881127102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$511,800
Current Approval
$511,800
Forgiveness Amount
$515,084
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Emerson Auto Sales, Inc.
Address
990 Center Street
City
Auburn
State
Maine
ZIP Code
04210-6406
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$390,900
Rent
$110,000
Utilities
$10,900

Lender Information

Servicing Lender
Maine Community Bank
Originating Lender
Maine Community Bank

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