Hertrich of Elkton West Inc.

$483,900 PPP Loan in Elkton, Maryland

Loan Details

Loan Number
8010607106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$483,900
Current Approval
$483,900
Forgiveness Amount
$488,968
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hertrich of Elkton West Inc.
Address
503 Pulaski Hwy
City
Elkton
ZIP Code
21921-6066
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
32
Estimated Revenue
$8.1M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$387,135
Mortgage Interest
$96,765

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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