PPP Loan information for Car town inc

$38,935

Car town inc was initially approved for PPP Loan of amount $38,935, the current approved amount is $38,935. The loan was approved on 03/31/2021 by The Cross River Bank reported 9 jobs and $38,935 was used to fund payroll.

Car town inc is Existing or more than 2 years old

CAR TOWN INC

Date Approved

03/31/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CAR TOWN INC

Borrower Address

2445 Old Washington Rd

Borrower City

Waldorf

Borrower State

MD

Borrower Zip

20601-3185

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38935.00

Current Approval Amount

38935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waldorf

Project County Name

CHARLES

Project State

MD

Project Zip

20601-3185

CD

MD-05

Jobs Reported

9

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38930.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39284.88

Forgiveness Date

02/25/2022

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