Timbrook Automotive, Inc.
$3,596,412 PPP Loan in Cumberland, Maryland
Loan Details
- Loan Number
- 7928157101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,596,412
- Current Approval
- $3,014,732
- Forgiveness Amount
- $3,047,109
- Forgiveness Date
- May 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Timbrook Automotive, Inc.
- Address
- 10210 Mount Savage Road NW
- City
- Cumberland
- State
- Maryland
- ZIP Code
- 21502
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 200
- Estimated Revenue
- $50.4M
- Rural/Urban
- Urban
- Congressional District
- MD-06
Loan Use Breakdown
- Payroll
- $2,500,000
- Rent
- $400,000
- Utilities
- $100,000
- Health Care
- $14,732
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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