PPP Loan information for Millsboro auto mart ii llc

$802,000

Millsboro auto mart ii llc was initially approved for PPP Loan of amount $802,000, the current approved amount is $802,000. The loan was approved on 04/12/2020 by The Fulton Bank, National Association reported 49 jobs and $802,000 was used to fund payroll.

Millsboro auto mart ii llc is Existing or more than 2 years old

MILLSBORO AUTO MART II LLC

Date Approved

04/12/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MILLSBORO AUTO MART II LLC

Borrower Address

28380 Dupont Blvd.

Borrower City

MILLSBORO

Borrower State

DE

Borrower Zip

19966-4775

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

802000.00

Current Approval Amount

802000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLSBORO

Project County Name

SUSSEX

Project State

DE

Project Zip

19966-4775

CD

DE-

Jobs Reported

49

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60376.00

Payroll Proceed

641624.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

811245.28

Forgiveness Date

06/11/2021

;