PPP Loan information for Darcars of frederick inc

$1,393,400

Darcars of frederick inc was initially approved for PPP Loan of amount $1,393,400, the current approved amount is $1,393,400. The loan was approved on 04/13/2020 by The Truist Bank reported 110 jobs and $1,393,400 was used to fund payroll.

Darcars of frederick inc is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Darcars of frederick inc

DARCARS OF FREDERICK INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DARCARS OF FREDERICK INC

Borrower Address

5293 Buckeystown Pike

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21704-7535

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1393400.00

Current Approval Amount

1393400.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-7535

CD

MD-06

Jobs Reported

110

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1393400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1409462.81

Forgiveness Date

06/11/2021

;