PPP Loan information for King hagerstown motors llc

$1,724,666

King hagerstown motors llc was initially approved for PPP Loan of amount $1,724,666, the current approved amount is $1,724,666. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 115 jobs and $1,724,666 was used to fund payroll.

King hagerstown motors llc is Existing or more than 2 years old

PPP Loan Search / MD / Hagerstown / King hagerstown motors llc

KING HAGERSTOWN MOTORS LLC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

KING HAGERSTOWN MOTORS LLC

Borrower Address

1714 Massey Blvd

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1724666.00

Current Approval Amount

1724666.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-0900

CD

MD-06

Jobs Reported

115

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

215583.25

Payroll Proceed

1293499.50

Mortgage Interest Proceed

215583.25

Rent Proceed

0.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1734918.18

Forgiveness Date

11/25/2020

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