Darcars Motors of Silver Spring, Inc.

$1,315,002 PPP Loan in Silver Spring, Maryland

Loan Details

Loan Number
4663417107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,315,002
Current Approval
$1,315,000
Forgiveness Amount
$1,330,159
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Darcars Motors of Silver Spring, Inc.
Address
2505 Prosperity Terrace
ZIP Code
20904-1651
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$24.4M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$1,315,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

Other PPP Loans in Silver Spring, MD

BusinessApproved
Capital Digestive Care, LLC$5,534,786NewBizBotAI Deep Dive
American Youth Hostels, Inc.$5,111,800NewBizBotAI Deep Dive
Maryland Oncology Hematology PA$5,031,900NewBizBotAI Deep Dive
Grady Management, INC$4,675,280NewBizBotAI Deep Dive
Integrated Community Services, Inc.$4,479,990NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free