PPP Loan information for Darcars of paramount drive, inc

$2,422,400

Darcars of paramount drive, inc was initially approved for PPP Loan of amount $2,400,000, the current approved amount is $2,422,400. The loan was approved on 04/14/2020 by The Truist Bank reported 162 jobs and $2,422,400 was used to fund payroll.

Darcars of paramount drive, inc is Existing or more than 2 years old

PPP Loan Search / MD / DERWOOD / Darcars of paramount drive, inc

DARCARS OF PARAMOUNT DRIVE, INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DARCARS OF PARAMOUNT DRIVE, INC

Borrower Address

15625 FREDERICK RD

Borrower City

DERWOOD

Borrower State

MD

Borrower Zip

20855-2109

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2400000.00

Current Approval Amount

2422400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DERWOOD

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20855-2109

CD

MD-08

Jobs Reported

162

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2422400.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2450324.89

Forgiveness Date

06/11/2021

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