PPP Loan information for Hanover auto team, inc.

$237,000

Hanover auto team, inc. was initially approved for PPP Loan of amount $237,000, the current approved amount is $237,000. The loan was approved on 04/15/2020 by The PeoplesBank, A Codorus Valley Company reported 44 jobs and $237,000 was used to fund payroll.

Hanover auto team, inc. is Existing or more than 2 years old

HANOVER AUTO TEAM, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

HANOVER AUTO TEAM, INC.

Borrower Address

1850 Carlisle Pike

Borrower City

HANOVER

Borrower State

PA

Borrower Zip

17331

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237000.00

Current Approval Amount

237000.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

60249

Servicing Lender Name

PeoplesBank, A Codorus Valley Company

Servicing Lender Address

105 Leader Heights Rd

Servicing Lender City

YORK

Servicing Lender State

PA

Servicing Lender Zip

17403-5137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANOVER

Project County Name

YORK

Project State

PA

Project Zip

17331-0001

CD

PA-11

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

188000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60249

Originating Lender

PeoplesBank, A Codorus Valley Company

Originating Lender City

YORK

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

239040.83

Forgiveness Date

03/05/2021

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