PPP Loan information for Hi-lo auto sales of maryland inc.

$505,766

Hi-lo auto sales of maryland inc. was initially approved for PPP Loan of amount $505,766, the current approved amount is $505,766. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 34 jobs and $505,766 was used to fund payroll.

Hi-lo auto sales of maryland inc. is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Hi-lo auto sales of maryland inc.

HI-LO AUTO SALES OF MARYLAND INC.

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HI-LO AUTO SALES OF MARYLAND INC.

Borrower Address

1427 West Patrick St

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21702

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505765.60

Current Approval Amount

505765.60

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

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21702-0001

CD

MD-06

Jobs Reported

34

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

63220.70

Payroll Proceed

379324.20

Mortgage Interest Proceed

0.00

Rent Proceed

63220.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

511862.89

Forgiveness Date

06/30/2021

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