PPP Loan information for Lusso motor group, llc

$435,925

Lusso motor group, llc was initially approved for PPP Loan of amount $435,925, the current approved amount is $435,925. The loan was approved on 04/08/2020 by The SouthWest Bank reported 39 jobs and $435,925 was used to fund payroll.

Lusso motor group, llc is Existing or more than 2 years old

PPP Loan Search / TX / MIDLAND / Lusso motor group, llc

LUSSO MOTOR GROUP, LLC

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

LUSSO MOTOR GROUP, LLC

Borrower Address

5715 ANDREWS HWY

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79706-2832

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435925.00

Current Approval Amount

435925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-2832

CD

TX-11

Jobs Reported

39

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

435925.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

428433.22

Forgiveness Date

11/19/2020

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