Independence Chevrolet-Cadillac, Inc.
$339,730 PPP Loan in Bloomsburg, Pennsylvania
Loan Details
- Loan Number
- 8261347105
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $339,730
- Current Approval
- $339,730
- Forgiveness Amount
- $303,230
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Independence Chevrolet-Cadillac, Inc.
- Address
- 420 Central Road
- City
- Bloomsburg
- State
- Pennsylvania
- ZIP Code
- 17815
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $8.1M
- Rural/Urban
- Rural
- Congressional District
- PA-09
Loan Use Breakdown
- Payroll
- $265,730
- Rent
- $40,000
- Utilities
- $6,000
- Health Care
- $25,000
- Debt Interest
- $3,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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|---|---|---|
| Mangino Holding Corp | $4,669,825 | |
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| K Investments Limited | $2,000,000 | |
| Phoenix Management Systems LLC | $2,000,000 | |
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