PPP Loan information for Sd cherner motor cars inc

$93,548

Sd cherner motor cars inc was initially approved for PPP Loan of amount $93,548, the current approved amount is $93,548. The loan was approved on 02/10/2021 by The Orrstown Bank reported 7 jobs and $93,548 was used to fund payroll.

Sd cherner motor cars inc is Existing or more than 2 years old

PPP Loan Search / MD / Kensington / Sd cherner motor cars inc

SD CHERNER MOTOR CARS INC

Date Approved

02/10/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SD CHERNER MOTOR CARS INC

Borrower Address

10566 Metropolitan Ave

Borrower City

Kensington

Borrower State

MD

Borrower Zip

20895-2606

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93547.50

Current Approval Amount

93547.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kensington

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-2606

CD

MD-08

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

93544.50

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94498.35

Forgiveness Date

02/25/2022

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