PPP Loan information for Nationwide motor sales corp

$1,701,839

Nationwide motor sales corp was initially approved for PPP Loan of amount $1,701,839, the current approved amount is $1,701,839. The loan was approved on 02/05/2021 by The First National Bank of Pennsylvania reported 135 jobs and $1,701,839 was used to fund payroll.

Nationwide motor sales corp is Existing or more than 2 years old

PPP Loan Search / MD / Lutherville Timonium / Nationwide motor sales corp

NATIONWIDE MOTOR SALES CORP

Date Approved

02/05/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NATIONWIDE MOTOR SALES CORP

Borrower Address

2085 York Rd

Borrower City

Lutherville Timonium

Borrower State

MD

Borrower Zip

21093-4242

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1701838.55

Current Approval Amount

1701838.55

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lutherville Timonium

Project County Name

BALTIMORE

Project State

MD

Project Zip

21093-4242

CD

MD-02

Jobs Reported

135

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1701838.55

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1712236.08

Forgiveness Date

09/21/2021

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