PPP Loan information for Rand chevrolet inc

$528,272

Rand chevrolet inc was initially approved for PPP Loan of amount $528,272, the current approved amount is $528,272. The loan was approved on 04/12/2020 by The Fulton Bank, National Association reported 36 jobs and $528,272 was used to fund payroll.

Rand chevrolet inc is Existing or more than 2 years old

PPP Loan Search / MD / Elkton / Rand chevrolet inc

RAND CHEVROLET INC

Date Approved

04/12/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RAND CHEVROLET INC

Borrower Address

2 Automotive Blvd

Borrower City

Elkton

Borrower State

MD

Borrower Zip

21921-6375

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

528272.00

Current Approval Amount

528272.00

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

Elkton

Project County Name

CECIL

Project State

MD

Project Zip

21921-6375

CD

MD-01

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

66034.00

Payroll Proceed

396204.00

Mortgage Interest Proceed

66034.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

532292.74

Forgiveness Date

01/25/2021

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