# PPP loan: CARS-N-CREDIT INC.
> **$437K** approved 01/31/2021 · Paid in Full · Loan `9703358303`
## Borrower
- **Name:** CARS-N-CREDIT INC.
- **Address:** 7110 Martina Road, Minnesota City, MN, 55959
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $437K
- **Initial approval:** $437K
- **Forgiven:** $440K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $437K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*