PPP Loan information for Hertrich family of automobile dealerships, inc.

$588,215

Hertrich family of automobile dealerships, inc. was initially approved for PPP Loan of amount $588,215, the current approved amount is $588,215. The loan was approved on 04/27/2020 by The Manufacturers and Traders Trust Company reported 34 jobs and $588,215 was used to fund payroll.

Hertrich family of automobile dealerships, inc. is Existing or more than 2 years old

PPP Loan Search / DE / Seaford / Hertrich family of automobile dealerships, inc.

HERTRICH FAMILY OF AUTOMOBILE DEALERSHIPS, INC.

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

HERTRICH FAMILY OF AUTOMOBILE DEALERSHIPS, INC.

Borrower Address

26905 Sussex Highway

Borrower City

Seaford

Borrower State

DE

Borrower Zip

19973

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588215.00

Current Approval Amount

588215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Seaford

Project County Name

SUSSEX

Project State

DE

Project Zip

19973-0001

CD

DE-

Jobs Reported

34

NAICS Code

551114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

442000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31000.00

Debt Interest Proceed

81215

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

592646.76

Forgiveness Date

02/04/2021

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