PPP Loan information for Buchanan subaru inc

$159,882

Buchanan subaru inc was initially approved for PPP Loan of amount $159,882, the current approved amount is $159,882. The loan was approved on 04/07/2020 by The Middletown Valley Bank reported 19 jobs and $159,882 was used to fund payroll.

Buchanan subaru inc is Existing or more than 2 years old

PPP Loan Search / MD / POCOMOKE CITY / Buchanan subaru inc

BUCHANAN SUBARU INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BUCHANAN SUBARU INC

Borrower Address

1727 MARKET ST

Borrower City

POCOMOKE CITY

Borrower State

MD

Borrower Zip

21851-3000

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159882.00

Current Approval Amount

159882.00

Undisbursed Amount

0.00

Franchise Name

Subaru Dealer Agreement

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

POCOMOKE CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21851-3000

CD

MD-01

Jobs Reported

19

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159882.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161494.14

Forgiveness Date

04/15/2021

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