Ciocca Mbsc INC
$453,500 PPP Loan in State College, Pennsylvania
Loan Details
- Loan Number
- 8432867103
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $453,500
- Current Approval
- $453,500
- Forgiveness Amount
- $458,619
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ciocca Mbsc INC
- Address
- 127 Leisure Lane
- City
- State College
- State
- Pennsylvania
- ZIP Code
- 16801
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Mercedes-Benz - Passenger Car Dealer Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 44
- Estimated Revenue
- $11.1M
- Rural/Urban
- Rural
- Congressional District
- PA-15
Loan Use Breakdown
- Payroll
- $337,500
- Rent
- $23,000
- Utilities
- $6,000
- Health Care
- $12,000
- Debt Interest
- $75,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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