Hertrich Family of Automobile Dealerships, Inc.
$588,215 PPP Loan in Seaford, Delaware
Loan Details
- Loan Number
- 5816997200
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $588,215
- Current Approval
- $588,215
- Forgiveness Amount
- $592,647
- Forgiveness Date
- Feb 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hertrich Family of Automobile Dealerships, Inc.
- Address
- 26905 Sussex Highway
- City
- Seaford
- State
- Delaware
- ZIP Code
- 19973
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Management of Companies and Enterprises (551114)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $5.6M
- Rural/Urban
- Rural
- Congressional District
- DE-
Loan Use Breakdown
- Payroll
- $442,000
- Rent
- $20,000
- Utilities
- $14,000
- Health Care
- $31,000
- Debt Interest
- $81,215
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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