PPP Loan information for Lakewood motors llc

$332,753

Lakewood motors llc was initially approved for PPP Loan of amount $332,753, the current approved amount is $332,753. The loan was approved on 03/06/2021 by The Ally Bank reported 25 jobs and $332,753 was used to fund payroll.

Lakewood motors llc is Existing or more than 2 years old

PPP Loan Search / NJ / Lakewood / Lakewood motors llc

LAKEWOOD MOTORS LLC

Date Approved

03/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LAKEWOOD MOTORS LLC

Borrower Address

1320 Ocean Ave

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-4518

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

332752.50

Current Approval Amount

332752.50

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-4518

CD

NJ-04

Jobs Reported

25

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

332746.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

336616.13

Forgiveness Date

05/16/2022

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