PPP Loan information for Car auction and reinsurance solutions inc.

$170,000

Car auction and reinsurance solutions inc. was initially approved for PPP Loan of amount $170,000, the current approved amount is $170,000. The loan was approved on 01/26/2021 by The Manufacturers and Traders Trust Company reported 20 jobs and $170,000 was used to fund payroll.

Car auction and reinsurance solutions inc. is Existing or more than 2 years old

PPP Loan Search / DE / New Castle / Car auction and reinsurance solutions inc.

CAR AUCTION AND REINSURANCE SOLUTIONS INC.

Date Approved

01/26/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

CAR AUCTION AND REINSURANCE SOLUTIONS INC.

Borrower Address

2323 N DuPont Hwy

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720-6304

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170000.00

Current Approval Amount

170000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19720-6304

CD

DE-

Jobs Reported

20

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

169997.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

171984.11

Forgiveness Date

03/30/2022

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