# PPP loan: HERTRICH OF ELKTON WEST INC.
> **$484K** approved 04/15/2020 · Paid in Full · Loan `8010607106`
## Borrower
- **Name:** HERTRICH OF ELKTON WEST INC.
- **Address:** 503 PULASKI HWY, ELKTON, MD, 21921-6066
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $387K
- **Mortgage interest:** $97K
- **Jobs reported:** 32
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*