CARS PLUS LLC (GU) - 2020 PPP Loan Borrower Profile (# 6322977003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CARS PLUS LLC. 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 Guam.

Loan Detail

Loan Number

6322977003

SBA Office Code

0951

Processing Method

PPP

Curent Loan Amount

$680,530

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$687,782.77

Date Loan was Forgiven

May 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

680,530

Lender

Bank of Hawaii

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

441110

Borrower Location

HAGATNA, GU

Project Location

HAGATNA, GU

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.