PPP Loan information for Lake auto llc

$518,225

Lake auto llc was initially approved for PPP Loan of amount $518,225, the current approved amount is $518,225. The loan was approved on 04/13/2020 by The Ally Bank reported 46 jobs and $518,225 was used to fund payroll.

Lake auto llc is Existing or more than 2 years old

PPP Loan Search / OH / WILLOUGHBY / Lake auto llc

LAKE AUTO LLC

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAKE AUTO LLC

Borrower Address

36845 Euclid Ave

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094-4452

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518225.00

Current Approval Amount

518225.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-4452

CD

OH-14

Jobs Reported

46

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

518225.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

523565.60

Forgiveness Date

04/27/2021

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