Boyle Buick Gmc Truck Inc.

$853,350 PPP Loan in Abingdon, Maryland

Loan Details

Loan Number
7891637109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$853,350
Current Approval
$853,350
Forgiveness Amount
$860,224
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Boyle Buick Gmc Truck Inc.
Address
3015 Emmorton Road
ZIP Code
21009
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
MD-01

Loan Use Breakdown

Payroll
$674,975
Rent
$92,950
Utilities
$14,700
Health Care
$28,570
Mortgage Interest
$7,650
Debt Interest
$34,505

Lender Information

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

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