PPP Loan information for Lamon auto body

$475,937

Lamon auto body was initially approved for PPP Loan of amount $475,937, the current approved amount is $475,937. The loan was approved on 04/07/2020 by The Cornerstone Bank reported 34 jobs and $475,937 was used to fund payroll.

Lamon auto body is Existing or more than 2 years old

LAMON AUTO BODY

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LAMON AUTO BODY

Borrower Address

289 Rancocas Rd

Borrower City

MOUNT HOLLY

Borrower State

NJ

Borrower Zip

08060-1383

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475937.00

Current Approval Amount

475937.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124111

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

6000 Midlantic Dr, Ste 120S

Servicing Lender City

MOUNT LAUREL

Servicing Lender State

NJ

Servicing Lender Zip

08054-1516

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT HOLLY

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08060-1383

CD

NJ-03

Jobs Reported

34

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

475937.00

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

124111

Originating Lender

Cornerstone Bank

Originating Lender City

MOUNT LAUREL

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478844.78

Forgiveness Date

11/27/2020

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