Preston Hyundai, Inc.

$372,500 PPP Loan in Hurlock, Maryland

Loan Details

Loan Number
8730277003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$372,500
Current Approval
$372,500
Forgiveness Amount
$376,794
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preston Hyundai, Inc.
Address
4327 Preston Rd
ZIP Code
21643-3706
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$298,046
Rent
$74,454

Lender Information

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

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