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Paradise Motors of Elkton Inc.

$135,905 PPP Loan in Elkton, Maryland

Loan Details

Loan Number
8414207209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$135,905
Current Approval
$135,905
Forgiveness Amount
$137,460
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paradise Motors of Elkton Inc.
Address
929 W Pulaski Highway
City
Elkton
State
Maryland
ZIP Code
21921
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$101,929
Utilities
$33,976

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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