Philadelphia Motors LLC

$724,730 PPP Loan in Paoli, Pennsylvania

Loan Details

Loan Number
2971108510
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$724,730
Current Approval
$724,730
Forgiveness Amount
$733,903
Forgiveness Date
Jun 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Philadelphia Motors LLC
Address
100 W Lancaster Ave
City
Paoli
ZIP Code
19301-1722
Business Type
Limited Liability Company(llc)
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
53
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$724,725
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

Other PPP Loans in Paoli, PA

BusinessApproved
Turn 5 INC$4,694,700NewBizBotResearch
Charles H. Macdonald Electric, Inc.$2,600,000NewBizBotResearch
Radiology Associates of the Main Line, PC$1,797,268NewBizBotResearch
Rin Restaurants LLC$1,711,479NewBizBotResearch
Universal Atlantic Systems, Incorporated$1,680,000NewBizBotResearch

Want to research this company further?

Try NewBizBot free