PPP Loan information for Preston hyundai, inc.

$372,500

Preston hyundai, inc. was initially approved for PPP Loan of amount $372,500, the current approved amount is $372,500. The loan was approved on 04/08/2020 by The Fulton Bank, National Association reported 28 jobs and $372,500 was used to fund payroll.

Preston hyundai, inc. is Existing or more than 2 years old

PPP Loan Search / MD / HURLOCK / Preston hyundai, inc.

PRESTON HYUNDAI, INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PRESTON HYUNDAI, INC.

Borrower Address

4327 PRESTON RD

Borrower City

HURLOCK

Borrower State

MD

Borrower Zip

21643-3706

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372500.00

Current Approval Amount

372500.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HURLOCK

Project County Name

DORCHESTER

Project State

MD

Project Zip

21643-3706

CD

MD-01

Jobs Reported

28

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298046.00

Mortgage Interest Proceed

0.00

Rent Proceed

74454.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

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

376794.10

Forgiveness Date

06/11/2021

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