PPP Loan information for Lugoff automotive llc

$614,700

Lugoff automotive llc was initially approved for PPP Loan of amount $614,700, the current approved amount is $614,700. The loan was approved on 04/07/2020 by The First Palmetto Bank reported 48 jobs and $614,700 was used to fund payroll.

Lugoff automotive llc is Existing or more than 2 years old

PPP Loan Search / SC / LUGOFF / Lugoff automotive llc

LUGOFF AUTOMOTIVE LLC

Date Approved

04/07/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LUGOFF AUTOMOTIVE LLC

Borrower Address

979 US Hwy 1 South

Borrower City

LUGOFF

Borrower State

SC

Borrower Zip

29078

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

614700.00

Current Approval Amount

614700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUGOFF

Project County Name

KERSHAW

Project State

SC

Project Zip

29078-0001

CD

SC-05

Jobs Reported

48

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

64700.00

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

619293.18

Forgiveness Date

01/12/2021

;