Date Approved
04/14/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
THE FREDERICK MOTOR COMPANY
Borrower Address
1 Waverley Drive
Borrower City
Frederick
Borrower State
MD
Borrower Zip
21702-3808
Loan Status Date
01/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1451700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
44449
Servicing Lender Name
PNC Bank, National Association
Servicing Lender Address
222 Delaware Ave
Servicing Lender City
WILMINGTON
Servicing Lender State
DE
Servicing Lender Zip
19801-1621
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
FREDERICK
Project State
Project Zip
CD
MD-06
Jobs Reported
108
NAICS Code
441110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1460974.75
Forgiveness Date
12/03/2020