PPP Loan information for The car store inc.

$584,900

The car store inc. was initially approved for PPP Loan of amount $584,900, the current approved amount is $584,900. The loan was approved on 02/12/2021 by The Shore United Bank, National Association reported 81 jobs and $584,900 was used to fund payroll.

The car store inc. is Existing or more than 2 years old

THE CAR STORE INC.

Date Approved

02/12/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

THE CAR STORE INC.

Borrower Address

28959 Sussex Hwy

Borrower City

Laurel

Borrower State

DE

Borrower Zip

19956-3818

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

584900.00

Current Approval Amount

584900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

SUSSEX

Project State

DE

Project Zip

19956-3818

CD

DE-

Jobs Reported

81

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

584894.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

590284.28

Forgiveness Date

01/25/2022

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