PPP Loan information for Life quality motor sales, inc.

$1,002,757

Life quality motor sales, inc. was initially approved for PPP Loan of amount $1,002,757, the current approved amount is $1,002,757. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $1,002,757 was used to fund payroll.

Life quality motor sales, inc. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Life quality motor sales, inc.

LIFE QUALITY MOTOR SALES, INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

LIFE QUALITY MOTOR SALES, INC.

Borrower Address

9326 4TH AVE

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11209

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1002757.00

Current Approval Amount

1002757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11209-0001

CD

NY-11

Jobs Reported

500

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

764890.00

Mortgage Interest Proceed

0.00

Rent Proceed

200551.00

Refinance EIDL Proceed

0.00

Health Care Proceed

37316.00

Debt Interest Proceed

0

Business Type

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1012693.21

Forgiveness Date

05/03/2021

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