Washington Automobiles INC

$798,365 PPP Loan in Washington, Pennsylvania

Loan Details

Loan Number
7662417109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$798,365
Current Approval
$798,365
Forgiveness Amount
$807,945
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Washington Automobiles INC
Address
382 West Chestnut Street
ZIP Code
15301
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$15.1M
Rural/Urban
Rural
Congressional District
PA-14

Loan Use Breakdown

Payroll
$568,365
Rent
$110,000
Utilities
$50,000
Health Care
$40,000
Mortgage Interest
$30,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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