PPP Loan information for Lorentz automotive inc

$87,869

Lorentz automotive inc was initially approved for PPP Loan of amount $87,869, the current approved amount is $87,869. The loan was approved on 04/15/2020 by The Ciera Bank reported 9 jobs and $87,869 was used to fund payroll.

Lorentz automotive inc is Existing or more than 2 years old

PPP Loan Search / TX / LEWISVILLE / Lorentz automotive inc

LORENTZ AUTOMOTIVE INC

Date Approved

04/15/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

LORENTZ AUTOMOTIVE INC

Borrower Address

600 N MILL ST

Borrower City

LEWISVILLE

Borrower State

TX

Borrower Zip

75057-3108

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87869.00

Current Approval Amount

87869.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70047

Servicing Lender Name

Ciera Bank

Servicing Lender Address

623 Elm St

Servicing Lender City

GRAHAM

Servicing Lender State

TX

Servicing Lender Zip

76450-3088

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEWISVILLE

Project County Name

DENTON

Project State

TX

Project Zip

75057-3108

CD

TX-26

Jobs Reported

9

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10983.62

Payroll Proceed

65901.75

Mortgage Interest Proceed

10983.63

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

70047

Originating Lender

Ciera Bank

Originating Lender City

GRAHAM

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79337.89

Forgiveness Date

11/23/2020

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