Stillman's Automotive Center, Inc.

$785,305 PPP Loan in West Chester, Pennsylvania

Loan Details

Loan Number
9378777005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$785,305
Current Approval
$785,305
Forgiveness Amount
$793,835
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stillman's Automotive Center, Inc.
Address
1290 Wilmington Pike 0.0
ZIP Code
19382-8429
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$576,305
Rent
$72,000
Utilities
$12,000
Health Care
$52,000
Mortgage Interest
$18,000
Debt Interest
$55,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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