PPP Loan information for L&m motors, inc

$127,100

L&m motors, inc was initially approved for PPP Loan of amount $127,100, the current approved amount is $127,100. The loan was approved on 04/14/2020 by The Simmons Bank reported 16 jobs and $127,100 was used to fund payroll.

L&m motors, inc is Unanswered

L&M MOTORS, INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

L&M MOTORS, INC

Borrower Address

1001 S White St

Borrower City

ATHENS

Borrower State

TN

Borrower Zip

37303

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127100.00

Current Approval Amount

127100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ATHENS

Project County Name

MCMINN

Project State

TN

Project Zip

37303-1200

CD

TN-03

Jobs Reported

16

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127100.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128247.43

Forgiveness Date

03/18/2021

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