Hanover Auto Team, Inc.

$237,000 PPP Loan in Hanover, Pennsylvania

Loan Details

Loan Number
9808957110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$237,000
Current Approval
$237,000
Forgiveness Amount
$239,041
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hanover Auto Team, Inc.
Address
1850 Carlisle Pike
ZIP Code
17331
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
PA-11

Loan Use Breakdown

Payroll
$188,000
Rent
$40,000
Utilities
$9,000

Lender Information

Servicing Lender
Orrstown Bank
Originating Lender
Orrstown Bank

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