Carousel Auto INC
$1,500,967 PPP Loan in Glen Mills, Pennsylvania
Loan Details
- Loan Number
- 8931137101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,500,967
- Current Approval
- $1,500,967
- Forgiveness Amount
- $1,510,507
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Carousel Auto INC
- Address
- 1050 Baltimore Pike
- City
- Glen Mills
- State
- Pennsylvania
- ZIP Code
- 19342
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 103
- Estimated Revenue
- $26.0M
- Rural/Urban
- Urban
- Congressional District
- PA-05
Loan Use Breakdown
- Payroll
- $1,069,735
- Rent
- $200,000
- Utilities
- $62,232
- Health Care
- $71,000
- Mortgage Interest
- $80,000
- Debt Interest
- $18,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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|---|---|---|
| La France Corp | $2,911,300 |  Research |
| Ddp Group INC | $1,760,352 | Research |
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