PPP Loan information for Dulles motor cars inc

$2,000,000

Dulles motor cars inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/31/2021 by The Bank of Clarke reported 280 jobs and $2,000,000 was used to fund payroll.

Dulles motor cars inc is Existing or more than 2 years old

PPP Loan Search / VA / Leesburg / Dulles motor cars inc

DULLES MOTOR CARS INC

Date Approved

03/31/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

DULLES MOTOR CARS INC

Borrower Address

107 Catoctin Cir SE

Borrower City

Leesburg

Borrower State

VA

Borrower Zip

20175-3712

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73092

Servicing Lender Name

Bank of Clarke

Servicing Lender Address

2 E Main St

Servicing Lender City

BERRYVILLE

Servicing Lender State

VA

Servicing Lender Zip

22611-1338

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leesburg

Project County Name

LOUDOUN

Project State

VA

Project Zip

20175-3712

CD

VA-10

Jobs Reported

280

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

73092

Originating Lender

Bank of Clarke

Originating Lender City

BERRYVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020500.00

Forgiveness Date

04/18/2022

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