CAR CARE & APPLIANCE CENTER INC. (DE) - 2020 PPP Loan Borrower Profile (# 2302597905)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CAR CARE & APPLIANCE CENTER INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

2302597905

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$97,920

Date Loan was Approved

Jun 11, 2020

Amount Forgiven

$99,449.16

Date Loan was Forgiven

Jan 4, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

12,240

Payroll Proced

73,440

Rent Proceed

12,240

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

441320

Borrower Location

NEWARK, DE

Project Location

NEWARK, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.