Hertrich Buick Gmc of Salisbury, INC

$302,600 PPP Loan in Salisbury, Maryland

Loan Details

Loan Number
6098077107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$302,600
Current Approval
$302,600
Forgiveness Amount
$305,803
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hertrich Buick Gmc of Salisbury, INC
Address
2016 Salisbury Blvd
ZIP Code
21801-3337
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
22
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$242,132
Mortgage Interest
$60,468

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

Other PPP Loans in Salisbury, MD

BusinessApproved
Delaware Elevator INC$5,632,700NewBizBotAI Deep Dive
Three Lower Counties Community Services, INC$5,006,400NewBizBotAI Deep Dive
Tishcon Corp$3,966,655NewBizBotAI Deep Dive
Pohanka of Salisbury INC$3,712,700NewBizBotAI Deep Dive
Atlantic Tractor LLC$2,916,015NewBizBotAI Deep Dive

Want to research this company further?