Reading Auto Sales INC

$311,352 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
5410717709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$311,352
Current Approval
$311,352
Forgiveness Amount
$315,754
Forgiveness Date
Oct 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reading Auto Sales INC
Address
1001 Lancaster Ave
ZIP Code
19607-1609
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
29
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$311,352

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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