PPP Loan information for L & n auto inc

$27,020

L & n auto inc was initially approved for PPP Loan of amount $27,020, the current approved amount is $27,020. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 8 jobs and $27,020 was used to fund payroll.

L & n auto inc is Existing or more than 2 years old

L & N AUTO INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

L & N AUTO INC

Borrower Address

1002 New Jersey 71

Borrower City

Spring Lake

Borrower State

NJ

Borrower Zip

07762

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27020.00

Current Approval Amount

27020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spring Lake

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07762-0001

CD

NJ-04

Jobs Reported

8

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27020.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27258.37

Forgiveness Date

03/23/2021

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