PPP Loan information for L2 automotive inc.

$812,147

L2 automotive inc. was initially approved for PPP Loan of amount $812,147, the current approved amount is $812,147. The loan was approved on 04/01/2021 by The Loan Source Incorporated reported 60 jobs and $812,147 was used to fund payroll.

L2 automotive inc. is Existing or more than 2 years old

L2 AUTOMOTIVE INC.

Date Approved

04/01/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

L2 AUTOMOTIVE INC.

Borrower Address

291 Main St

Borrower City

New Rochelle

Borrower State

NY

Borrower Zip

10801-5765

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

812147.00

Current Approval Amount

812147.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

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

Y

Business Age Description

Existing or more than 2 years old

Project City

New Rochelle

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10801-5765

CD

NY-16

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

812142.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

821336.50

Forgiveness Date

05/26/2022

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