Shults Import Auto Sales, Inc.

$385,312 PPP Loan in Bradford, Pennsylvania

Loan Details

Loan Number
7823287109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$385,312
Current Approval
$385,312
Forgiveness Amount
$389,714
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shults Import Auto Sales, Inc.
Address
880 East Main Street
ZIP Code
16701
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
PA-15

Loan Use Breakdown

Payroll
$281,280
Rent
$46,237
Utilities
$7,706
Health Care
$23,118
Debt Interest
$26,971

Lender Information

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

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