PPP Loan information for Lithia springs motors, inc

$997,200

Lithia springs motors, inc was initially approved for PPP Loan of amount $997,200, the current approved amount is $997,200. The loan was approved on 04/15/2020 by The Regions Bank reported 84 jobs and $997,200 was used to fund payroll.

Lithia springs motors, inc is Existing or more than 2 years old

PPP Loan Search / GA / Lithia Springs / Lithia springs motors, inc

LITHIA SPRINGS MOTORS, INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

LITHIA SPRINGS MOTORS, INC

Borrower Address

870 THORTON RD

Borrower City

Lithia Springs

Borrower State

GA

Borrower Zip

30122-4442

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

997200.00

Current Approval Amount

997200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lithia Springs

Project County Name

DOUGLAS

Project State

GA

Project Zip

30122-4442

CD

GA-13

Jobs Reported

84

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

997200.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1003538.37

Forgiveness Date

12/10/2020

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