Ourisman Automotive of Laurel, Inc.

$1,035,500 PPP Loan in Rockville, Maryland

Loan Details

Loan Number
7922727007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,035,500
Current Approval
$822,700
Forgiveness Amount
$828,002
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ourisman Automotive of Laurel, Inc.
Address
15301 Frederick Rd
ZIP Code
20855-2100
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$822,700

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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