Smith Volkswagen Ltd

$471,145 PPP Loan in Wilmington, Delaware

Loan Details

Loan Number
9537617110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$471,145
Current Approval
$471,145
Forgiveness Amount
$476,153
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Smith Volkswagen Ltd
Address
4304 Kirkwood Highway
ZIP Code
19808
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$325,888
Rent
$107,588
Utilities
$6,569
Health Care
$30,000
Debt Interest
$1,100

Lender Information

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

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