# PPP loan: HERBST HOLDINGS INC
> **$251K** approved 04/15/2020 · Paid in Full · Loan `9346547110`
## Borrower
- **Name:** HERBST HOLDINGS INC
- **Address:** 2320 Tower Drive, Dover, PA, 17315
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $4K
- **Mortgage interest:** $5K
- **Utilities:** $1K
- **Health care:** $9K
- **Debt interest:** $2K
- **Jobs reported:** 65
## 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*