Reliable Towing & Auto Center INC

$252,872 PPP Loan in Altoona, Pennsylvania

Loan Details

Loan Number
9215567105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$252,872
Current Approval
$252,872
Forgiveness Amount
$255,629
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reliable Towing & Auto Center INC
Address
2110 7th Avenue
ZIP Code
16602
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
PA-13

Loan Use Breakdown

Payroll
$216,896
Rent
$4,000
Utilities
$8,300
Health Care
$18,532
Debt Interest
$5,144

Lender Information

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

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