Hertrich of Easton, Inc.

$632,800 PPP Loan in Easton, Maryland

Loan Details

Loan Number
9982307000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$632,800
Current Approval
$632,800
Forgiveness Amount
$639,796
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hertrich of Easton, Inc.
Address
7677 Ocean Gtwy
City
Easton
ZIP Code
21601-8621
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$506,272
Mortgage Interest
$126,528

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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