PPP Loan information for Car auction and reinsurance solutions, inc.

$156,440

Car auction and reinsurance solutions, inc. was initially approved for PPP Loan of amount $156,440, the current approved amount is $156,440. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 14 jobs and $156,440 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

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

CAR AUCTION AND REINSURANCE SOLUTIONS, INC.

Borrower Address

2323 North Dupont Highway

Borrower City

New Castle

Borrower State

DE

Borrower Zip

19720

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156440.00

Current Approval Amount

156440.00

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

19720-0001

CD

DE-

Jobs Reported

14

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6288.00

Payroll Proceed

125152.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

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

157357.21

Forgiveness Date

11/23/2020

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