PPP Loan information for Lake erie motors inc

$28,500

Lake erie motors inc was initially approved for PPP Loan of amount $28,500, the current approved amount is $28,500. The loan was approved on 01/22/2021 by The Citizens Bank, National Association reported 3 jobs and $28,500 was used to fund payroll.

Lake erie motors inc is Existing or more than 2 years old

PPP Loan Search / OH / Madison / Lake erie motors inc

LAKE ERIE MOTORS INC

Date Approved

01/22/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

LAKE ERIE MOTORS INC

Borrower Address

5477 N Ridge Rd

Borrower City

Madison

Borrower State

OH

Borrower Zip

44057-2721

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28500.00

Current Approval Amount

28500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

LAKE

Project State

OH

Project Zip

44057-2721

CD

OH-14

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28498.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28656.95

Forgiveness Date

08/17/2021

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