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Darcars of Paramount Drive, INC

$2,400,000 PPP Loan in Derwood, Maryland

Loan Details

Loan Number
6274207109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,400,000
Current Approval
$2,422,400
Forgiveness Amount
$2,450,325
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Darcars of Paramount Drive, INC
Address
15625 Frederick Rd
City
Derwood
State
Maryland
ZIP Code
20855-2109
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
162
Estimated Revenue
$40.8M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$2,422,400

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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