Car Auction and Reinsurance Solutions, Inc.

$156,440 PPP Loan in New Castle, Delaware

Loan Details

Loan Number
8654877101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$156,440
Current Approval
$156,440
Forgiveness Amount
$157,357
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Car Auction and Reinsurance Solutions, Inc.
Address
2323 North Dupont Highway
ZIP Code
19720
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$125,152
Rent
$25,000
Utilities
$6,288

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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