Hoover Motors INC

$309,182 PPP Loan in Moncks Corner, South Carolina

Loan Details

Loan Number
5683638602
Date Approved
Mar 20, 2021
Loan Status
Paid in Full
Initial Approval
$309,182
Current Approval
$309,182
Forgiveness Amount
$313,193
Forgiveness Date
Jul 14, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Hoover Motors INC
Address
325 N Highway 52
ZIP Code
29461-3919
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
SC-01

Loan Use Breakdown

Payroll
$309,178
Utilities
$1

Lender Information

Servicing Lender
Itria Ventures LLC
Originating Lender
Itria Ventures LLC

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