PPP Loan information for L & s motors of beckley inc

$691,551

L & s motors of beckley inc was initially approved for PPP Loan of amount $691,551, the current approved amount is $691,551. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 52 jobs and $691,551 was used to fund payroll.

L & s motors of beckley inc is Existing or more than 2 years old

L & S MOTORS OF BECKLEY INC

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

L & S MOTORS OF BECKLEY INC

Borrower Address

248 Auto Plaza Dt

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691551.00

Current Approval Amount

691551.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-0001

CD

WV-01

Jobs Reported

52

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23544.00

Payroll Proceed

518663.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

83145.00

Debt Interest Proceed

66199

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

696031.48

Forgiveness Date

12/09/2020

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