Ambridge Motors INC

$140,280 PPP Loan in Moon, Pennsylvania

Loan Details

Loan Number
8185767110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$140,280
Current Approval
$140,280
Forgiveness Amount
$141,956
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ambridge Motors INC
Address
5760 University Boulevard
City
Moon
ZIP Code
15108
Business Type
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
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-17

Loan Use Breakdown

Payroll
$100,000
Rent
$5,000
Utilities
$10,000
Health Care
$25,280

Lender Information

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

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