Independence Auto Inc.

$520,787 PPP Loan in Hazle Township, Pennsylvania

Loan Details

Loan Number
8345117103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$520,787
Current Approval
$520,787
Forgiveness Amount
$525,624
Forgiveness Date
Mar 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Independence Auto Inc.
Address
730 Airport Road
ZIP Code
18202
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.1M
Rural/Urban
Urban
Congressional District
PA-08

Loan Use Breakdown

Payroll
$423,380
Rent
$71,088
Utilities
$8,592
Health Care
$16,266
Debt Interest
$1,461

Lender Information

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

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