Euro Motorcars Germantown, LLC

$1,599,075 PPP Loan in Germantown, Maryland

Loan Details

Loan Number
8622607107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,599,075
Current Approval
$1,599,075
Forgiveness Amount
$1,411,032
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Euro Motorcars Germantown, LLC
Address
19750 Germantown Road
ZIP Code
20874
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
94
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$1,118,000
Rent
$256,000
Utilities
$60,075
Health Care
$165,000

Lender Information

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

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