Hertrich Automobile Corporation
$187,800 PPP Loan in Denton, Maryland
Loan Details
- Loan Number
- 9680257101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $187,800
- Current Approval
- $187,800
- Forgiveness Amount
- $189,014
- Forgiveness Date
- Dec 15, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hertrich Automobile Corporation
- Address
- 1123 Shore Highway
- City
- Denton
- State
- Maryland
- ZIP Code
- 21629
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Kenworth Truck Company - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 13
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $144,993
- Rent
- $13,900
- Utilities
- $4,600
- Health Care
- $5,500
- Debt Interest
- $18,807
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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