PPP Loan information for Lakeland motors llc

$1,795,517

Lakeland motors llc was initially approved for PPP Loan of amount $1,795,517, the current approved amount is $1,795,517. The loan was approved on 04/14/2020 by The Truist Bank reported 194 jobs and $1,795,517 was used to fund payroll.

Lakeland motors llc is Existing or more than 2 years old

PPP Loan Search / FL / LAKELAND / Lakeland motors llc

LAKELAND MOTORS LLC

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

LAKELAND MOTORS LLC

Borrower Address

2875 Mall Hill DR

Borrower City

LAKELAND

Borrower State

FL

Borrower Zip

33810-6736

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1795517.00

Current Approval Amount

1795517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKELAND

Project County Name

POLK

Project State

FL

Project Zip

33810-6736

CD

FL-15

Jobs Reported

194

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1795517.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1816215.32

Forgiveness Date

06/11/2021

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