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Wheaton Motor City

$512,500 PPP Loan in Rockville, Maryland

Loan Details

Loan Number
6411687001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$512,500
Current Approval
$561,990
Forgiveness Amount
$568,359
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wheaton Motor City
Address
11411 Rockville Pike
City
Rockville
State
Maryland
ZIP Code
20852-5911
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$561,990

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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