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Passport Motorcars INC

$3,231,500 PPP Loan in Suitland, Maryland

Loan Details

Loan Number
7926677002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,231,500
Current Approval
$3,231,543
Forgiveness Amount
$3,269,693
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Passport Motorcars INC
Address
5000 Auth Way
City
Suitland
State
Maryland
ZIP Code
20746-4205
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
228
Estimated Revenue
$57.5M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$3,231,543

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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