PPP Loan information for Lee motors of lake city inc

$242,732

Lee motors of lake city inc was initially approved for PPP Loan of amount $242,732, the current approved amount is $242,732. The loan was approved on 04/06/2020 by The The Citizens Bank reported 24 jobs and $242,732 was used to fund payroll.

Lee motors of lake city inc is Existing or more than 2 years old

PPP Loan Search / SC / LAKE CITY / Lee motors of lake city inc

LEE MOTORS OF LAKE CITY INC

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LEE MOTORS OF LAKE CITY INC

Borrower Address

1028 N. Matthews Rd

Borrower City

LAKE CITY

Borrower State

SC

Borrower Zip

29560-7012

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242732.00

Current Approval Amount

242732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66268

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

124 E Main St

Servicing Lender City

OLANTA

Servicing Lender State

SC

Servicing Lender Zip

29114

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

FLORENCE

Project State

SC

Project Zip

29560-7012

CD

SC-07

Jobs Reported

24

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

242732.00

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

66268

Originating Lender

The Citizens Bank

Originating Lender City

OLANTA

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244808.71

Forgiveness Date

02/17/2021

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