Cac Lube INC

$109,035 PPP Loan in Severn, Maryland

Loan Details

Loan Number
9775027105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$109,035
Current Approval
$109,035
Forgiveness Amount
$110,039
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cac Lube INC
Address
2610 Annapolis Road
City
Severn
ZIP Code
21144
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811191)
Franchise
Jiffy Lube
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$81,780
Rent
$15,000
Utilities
$12,255

Lender Information

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

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