Kent County Motor Sales Co.
$668,425 PPP Loan in Dover, Delaware
Loan Details
- Loan Number
- 4900787107
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $668,425
- Current Approval
- $668,425
- Forgiveness Amount
- $672,784
- Forgiveness Date
- Dec 15, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kent County Motor Sales Co.
- Address
- 2181 S. Dupont Highway
- City
- Dover
- State
- Delaware
- ZIP Code
- 19901-5556
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 55
- Estimated Revenue
- $13.9M
- Rural/Urban
- Urban
- Congressional District
- DE-
Loan Use Breakdown
- Payroll
- $496,666
- Rent
- $110,000
- Utilities
- $10,040
- Health Care
- $29,719
- Debt Interest
- $22,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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