PPP Loan information for Darcars lexus of englewood inc

$1,847,634

Darcars lexus of englewood inc was initially approved for PPP Loan of amount $1,847,634, the current approved amount is $1,847,634. The loan was approved on 06/29/2020 by The Truist Bank reported 104 jobs and $1,847,634 was used to fund payroll.

Darcars lexus of englewood inc is New Business or 2 years or less

PPP Loan Search / NJ / ENGLEWOOD / Darcars lexus of englewood inc

DARCARS LEXUS OF ENGLEWOOD INC

Date Approved

06/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DARCARS LEXUS OF ENGLEWOOD INC

Borrower Address

53 ENGLE ST

Borrower City

ENGLEWOOD

Borrower State

NJ

Borrower Zip

07631-2903

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1847633.81

Current Approval Amount

1847633.81

Undisbursed Amount

0.00

Franchise Name

Lexus 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

N

Business Age Description

New Business or 2 years or less

Project City

ENGLEWOOD

Project County Name

BERGEN

Project State

NJ

Project Zip

07631-2903

CD

NJ-05

Jobs Reported

104

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1847633.81

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

1865186.33

Forgiveness Date

06/11/2021

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