PPP Loan information for Darcars of cherry hill road, inc

$3,242,000

Darcars of cherry hill road, inc was initially approved for PPP Loan of amount $3,242,000, the current approved amount is $3,242,000. The loan was approved on 04/10/2020 by The Truist Bank reported 263 jobs and $3,242,000 was used to fund payroll.

Darcars of cherry hill road, inc is Existing or more than 2 years old

PPP Loan Search / MD / SILVER SPRING / Darcars of cherry hill road, inc

DARCARS OF CHERRY HILL ROAD, INC

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DARCARS OF CHERRY HILL ROAD, INC

Borrower Address

12210 Cherry Hill Rd

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20904-1968

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3242000.00

Current Approval Amount

3242000.00

Undisbursed Amount

0.00

Franchise Name

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

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20904-1968

CD

MD-08

Jobs Reported

263

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3242000.00

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

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

3279463.11

Forgiveness Date

06/11/2021

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