PPP Loan information for K cars of bowie llc

$715,200

K cars of bowie llc was initially approved for PPP Loan of amount $715,200, the current approved amount is $715,200. The loan was approved on 04/08/2020 by The Truist Bank reported 48 jobs and $715,200 was used to fund payroll.

K cars of bowie llc is Existing or more than 2 years old

K CARS OF BOWIE LLC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

K CARS OF BOWIE LLC

Borrower Address

16620 GOVERNOR BRIDGE RD

Borrower City

BOWIE

Borrower State

MD

Borrower Zip

20716-3617

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

715200.00

Current Approval Amount

715200.00

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

BOWIE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20716-3617

CD

MD-05

Jobs Reported

48

NAICS Code

441110

Race

Native Hawaiian or Other Pacific Islander

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

715200.00

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

Limited Liability Company(LLC)

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

719828.93

Forgiveness Date

12/10/2020

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