Durham's Auto Mart INC

$86,670 PPP Loan in Durham, North Carolina

Loan Details

Loan Number
1501847100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$86,670
Current Approval
$86,670
Forgiveness Amount
$87,765
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Durham's Auto Mart INC
Address
3601 Hillsborough Rd
City
Durham
ZIP Code
27705-2903
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$65,003
Rent
$10,834
Utilities
$10,834

Lender Information

Servicing Lender
Benchmark Community Bank
Originating Lender
Benchmark Community Bank

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