PPP Loan information for Lagrew motors, inc.

$933,100

Lagrew motors, inc. was initially approved for PPP Loan of amount $933,100, the current approved amount is $933,100. The loan was approved on 04/07/2020 by The Central Bank & Trust Co. reported 60 jobs and $933,100 was used to fund payroll.

Lagrew motors, inc. is Existing or more than 2 years old

PPP Loan Search / KY / LEXINGTON / Lagrew motors, inc.

LAGREW MOTORS, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAGREW MOTORS, INC.

Borrower Address

2440 Richmond Road

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40502-2020

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

933100.00

Current Approval Amount

933100.00

Undisbursed Amount

0.00

Franchise Name

Mercedes-Benz - Passenger Car Dealer Agreement

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40502-2020

CD

KY-06

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

746500.00

Mortgage Interest Proceed

48600.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

784808.83

Forgiveness Date

12/09/2020

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