Import Motorcars, INC

$422,978 PPP Loan in Suitland, Maryland

Loan Details

Loan Number
8960287001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$422,978
Current Approval
$422,978
Forgiveness Amount
$426,244
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Import Motorcars, INC
Address
5000 Auth Way
ZIP Code
20746-4205
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$422,978

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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