PPP Loan information for L & a automotive inc

$85,000

L & a automotive inc was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/27/2020 by The Community Choice CU reported 8 jobs and $85,000 was used to fund payroll.

L & a automotive inc is Existing or more than 2 years old

PPP Loan Search / MI / Jackson / L & a automotive inc

L & A AUTOMOTIVE INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

L & A AUTOMOTIVE INC

Borrower Address

500 E Pearl

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49201

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49201-0001

CD

MI-05

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

85000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77453.44

Forgiveness Date

11/27/2020

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