The Frederick Motor Company

$1,451,700 PPP Loan in Frederick, Maryland

Loan Details

Loan Number
7740087102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,451,700
Current Approval
$1,451,700
Forgiveness Amount
$1,460,975
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Frederick Motor Company
Address
1 Waverley Drive
ZIP Code
21702-3808
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Unanswered
Jobs Reported
108
Estimated Revenue
$27.2M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$1,451,700

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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