PPP Loan information for Darcars of auth way inc.

$900,600

Darcars of auth way inc. was initially approved for PPP Loan of amount $900,564, the current approved amount is $900,600. The loan was approved on 04/11/2020 by The Truist Bank reported 69 jobs and $900,600 was used to fund payroll.

Darcars of auth way inc. is Existing or more than 2 years old

DARCARS OF AUTH WAY INC.

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DARCARS OF AUTH WAY INC.

Borrower Address

5060 AUTH WAY

Borrower City

SUITLAND

Borrower State

MD

Borrower Zip

20746-4205

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900563.75

Current Approval Amount

900600.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen 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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUITLAND

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20746-4205

CD

MD-04

Jobs Reported

69

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

900600.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

910981.92

Forgiveness Date

06/11/2021

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