PPP Loan information for R hollenshead auto sales

$606,000

R hollenshead auto sales was initially approved for PPP Loan of amount $960,000, the current approved amount is $606,000. The loan was approved on 04/14/2020 by The Customers Bank reported 62 jobs and $606,000 was used to fund payroll.

R hollenshead auto sales is Existing or more than 2 years old

R HOLLENSHEAD AUTO SALES

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

R HOLLENSHEAD AUTO SALES

Borrower Address

1373 Lancaster Road

Borrower City

Manheim

Borrower State

PA

Borrower Zip

17545

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

960000.00

Current Approval Amount

606000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manheim

Project County Name

LANCASTER

Project State

PA

Project Zip

17545-0001

CD

PA-11

Jobs Reported

62

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

606000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

614135.34

Forgiveness Date

10/07/2021

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