PPP Loan information for Lokey motor company

$1,643,700

Lokey motor company was initially approved for PPP Loan of amount $1,643,700, the current approved amount is $1,643,700. The loan was approved on 04/11/2020 by The Live Oak Banking Company reported 124 jobs and $1,643,700 was used to fund payroll.

Lokey motor company is Existing or more than 2 years old

LOKEY MOTOR COMPANY

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

LOKEY MOTOR COMPANY

Borrower Address

19820 US Hwy 19 N

Borrower City

Clearwater

Borrower State

FL

Borrower Zip

33764-5016

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1643700.00

Current Approval Amount

1643700.00

Undisbursed Amount

0.00

Franchise Name

Infiniti Dealer Sales and Service Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clearwater

Project County Name

PINELLAS

Project State

FL

Project Zip

33764-5016

CD

FL-13

Jobs Reported

124

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1643700.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1655678.75

Forgiveness Date

01/08/2021

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