Ciocca Management INC

$2,216,700 PPP Loan in Allentown, Pennsylvania

Loan Details

Loan Number
8360757105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,216,700
Current Approval
$2,216,700
Forgiveness Amount
$2,241,721
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ciocca Management INC
Address
4611 Hamilton Boulevard
ZIP Code
18103
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Subaru Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
212
Estimated Revenue
$53.4M
Rural/Urban
Urban
Congressional District
PA-07

Loan Use Breakdown

Payroll
$1,643,700
Rent
$418,000
Utilities
$25,000
Health Care
$80,000
Debt Interest
$50,000

Lender Information

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

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