PPP Loan information for Lum's auto center, inc

$708,600

Lum's auto center, inc was initially approved for PPP Loan of amount $708,600, the current approved amount is $708,600. The loan was approved on 04/15/2020 by The Live Oak Banking Company reported 67 jobs and $708,600 was used to fund payroll.

Lum's auto center, inc is Existing or more than 2 years old

LUM'S AUTO CENTER, INC

Date Approved

04/15/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

LUM'S AUTO CENTER, INC

Borrower Address

1605 SE Ensign LanePO Box 820

Borrower City

Warrenton

Borrower State

OR

Borrower Zip

97146

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

708600.00

Current Approval Amount

708600.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - 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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warrenton

Project County Name

CLATSOP

Project State

OR

Project Zip

97146-0001

CD

OR-01

Jobs Reported

67

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

708600.00

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

713395.18

Forgiveness Date

12/22/2020

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