Hi-Lo Auto Sales of Maryland Inc.

$505,766 PPP Loan in Frederick, Maryland

Loan Details

Loan Number
7394507104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$505,766
Current Approval
$505,766
Forgiveness Amount
$511,863
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hi-Lo Auto Sales of Maryland Inc.
Address
1427 West Patrick St
ZIP Code
21702
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$379,324
Rent
$63,221
Utilities
$63,221

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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