Darcars Lanham Severn, Inc.

$1,375,800 PPP Loan in Lanham, Maryland

Loan Details

Loan Number
2696407101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,375,800
Current Approval
$1,375,800
Forgiveness Amount
$1,391,622
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Darcars Lanham Severn, Inc.
Address
9020 Lanham Severn Rd.
City
Lanham
ZIP Code
20706-2922
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
117
Estimated Revenue
$29.5M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$1,375,800

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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