C.A.R., INC. DBA HOFFMAN AUTO BODY (ID) - 2020 PPP Loan Borrower Profile (# 2496347701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to C.A.R., INC. DBA HOFFMAN AUTO BODY. 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 Idaho.

Loan Detail

Loan Number

2496347701

SBA Office Code

1087

Processing Method

PPP

Curent Loan Amount

$111,250

Date Loan was Approved

May 1, 2020

Amount Forgiven

$112,303.91

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

69,250

Mortgage Interest Proceed

10,000

Health Care Proceed

5,000

Debt Interest Proceed

25,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

811121

Borrower Location

BOISE, ID

Project Location

BOISE, ID

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.