Carbiz, Ltd.

$922,500 PPP Loan in Baltimore, Maryland

Loan Details

Loan Number
8041767002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$922,500
Current Approval
$922,500
Forgiveness Amount
$927,958
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carbiz, Ltd.
Address
6001 Reisterstown Rd
ZIP Code
21215-3440
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$16.4M
Rural/Urban
Urban
Congressional District
MD-02

Loan Use Breakdown

Payroll
$636,805
Rent
$168,885
Utilities
$36,000
Health Care
$15,244
Debt Interest
$65,566

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank, National Association

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