#1 Cochran Buick Gmc INC

$3,904,412 PPP Loan in Monroeville, Pennsylvania

Loan Details

Loan Number
7914187109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$3,904,412
Current Approval
$3,904,412
Forgiveness Amount
$3,948,912
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
#1 Cochran Buick Gmc INC
Address
4520 William Penn Highway
ZIP Code
15146
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
271
Estimated Revenue
$68.3M
Rural/Urban
Urban
Congressional District
PA-12

Loan Use Breakdown

Payroll
$3,000,000
Rent
$529,412
Utilities
$75,000
Health Care
$300,000

Lender Information

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

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