International Motorcars, Inc.

$2,641,600 PPP Loan in Suitland, Maryland

Loan Details

Loan Number
7316627001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,641,600
Current Approval
$3,551,980
Forgiveness Amount
$3,593,814
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
International Motorcars, Inc.
Address
5001 Auth Way
ZIP Code
20746-4205
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Bmw of North America, LLC - Center Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
269
Estimated Revenue
$67.8M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$3,551,980

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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