PPP Loan information for Lancaster watercraft and motorcycle shop

$896,687

Lancaster watercraft and motorcycle shop was initially approved for PPP Loan of amount $896,687, the current approved amount is $896,687. The loan was approved on 06/18/2020 by The Bank of America, National Association reported 46 jobs and $896,687 was used to fund payroll.

Lancaster watercraft and motorcycle shop is New Business or 2 years or less

LANCASTER WATERCRAFT AND MOTORCYCLE SHOP

Date Approved

06/18/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LANCASTER WATERCRAFT AND MOTORCYCLE SHOP

Borrower Address

121 W AVENUE J

Borrower City

LANCASTER

Borrower State

CA

Borrower Zip

93534-3679

Loan Status Date

08/13/2022

Loan Status

Charged Off

Term

32

SBA Guaranty Percentage

100

Initial Approval Amount

896687.00

Current Approval Amount

896687.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LANCASTER

Project County Name

LOS ANGELES

Project State

CA

Project Zip

93534-3679

CD

CA-27

Jobs Reported

46

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

896687.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;