PPP Loan information for Lotspeich automotive, inc.

$393,800

Lotspeich automotive, inc. was initially approved for PPP Loan of amount $393,800, the current approved amount is $393,800. The loan was approved on 04/03/2020 by The The Central Trust Bank reported 36 jobs and $393,800 was used to fund payroll.

Lotspeich automotive, inc. is Existing or more than 2 years old

LOTSPEICH AUTOMOTIVE, INC.

Date Approved

04/03/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

LOTSPEICH AUTOMOTIVE, INC.

Borrower Address

150 NW US HIGHWAY 50

Borrower City

WARRENSBURG

Borrower State

MO

Borrower Zip

64093-7603

Loan Status Date

11/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393800.00

Current Approval Amount

393800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40659

Servicing Lender Name

The Central Trust Bank

Servicing Lender Address

238 Madison St

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

MO

Servicing Lender Zip

65101-3230

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARRENSBURG

Project County Name

JOHNSON

Project State

MO

Project Zip

64093-7603

CD

MO-04

Jobs Reported

36

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

39404.19

Payroll Proceed

315018.50

Mortgage Interest Proceed

0.00

Rent Proceed

39377.31

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40659

Originating Lender

The Central Trust Bank

Originating Lender City

JEFFERSON CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

396414.39

Forgiveness Date

12/09/2020

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