Bedford Auto Group, Inc.

$291,350 PPP Loan in Bedford, Pennsylvania

Loan Details

Loan Number
8324487110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$291,350
Current Approval
$291,350
Forgiveness Amount
$293,290
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bedford Auto Group, Inc.
Address
7055 Lincoln Highway
ZIP Code
15522
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
PA-13

Loan Use Breakdown

Payroll
$231,450
Rent
$15,500
Utilities
$5,000
Health Care
$19,400
Debt Interest
$20,000

Lender Information

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

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