# PPP loan: CARCHEX, LLC
> **$1.08M** approved 04/15/2020 · Paid in Full · Loan `9071167103`
## Borrower
- **Name:** CARCHEX, LLC
- **Address:** 118 Shawan Road Suite 210, Cockeysville, MD, 21030
- **NAICS:** 524298
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $978K
- **Rent:** $66K
- **Health care:** $40K
- **Jobs reported:** 89
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*