Colonial Hyundai of Downingtown LLC

$739,965 PPP Loan in Downingtown, Pennsylvania

Loan Details

Loan Number
9552497109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$739,965
Current Approval
$739,965
Forgiveness Amount
$747,993
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Colonial Hyundai of Downingtown LLC
Address
4423 West Lincoln Highway
ZIP Code
19335
Business Type
Limited Liability Company(llc)
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
$591,172
Rent
$35,860
Utilities
$4,992
Health Care
$68,889
Debt Interest
$39,052

Lender Information

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

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