# PPP loan: HERTRICH BUICK-GMC-ISUZU CO., INC.
> **$324K** approved 04/15/2020 · Paid in Full · Loan `1295317201`
## Borrower
- **Name:** HERTRICH BUICK-GMC-ISUZU CO., INC.
- **Address:** 26953 Sussex Highway, Seaford, DE, 19973
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $37K
- **Utilities:** $4K
- **Health care:** $15K
- **Debt interest:** $23K
- **Jobs reported:** 26
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*