Delaware Motor Sales, INC

$2,630,960 PPP Loan in Wilmington, Delaware

Loan Details

Loan Number
8184087105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,630,960
Current Approval
$2,216,867
Forgiveness Amount
$2,241,587
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Delaware Motor Sales, INC
Address
1606 Pennsylvania Avenue
ZIP Code
19806
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$35.8M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$1,773,494
Rent
$221,687
Health Care
$221,687

Lender Information

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

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