PPP Loan information for Lp automotive, inc.

$951,000

Lp automotive, inc. was initially approved for PPP Loan of amount $951,000, the current approved amount is $951,000. The loan was approved on 04/10/2020 by The Live Oak Banking Company reported 88 jobs and $951,000 was used to fund payroll.

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

PPP Loan Search / MD / Lexington Park / Lp automotive, inc.

LP AUTOMOTIVE, INC.

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LP AUTOMOTIVE, INC.

Borrower Address

22500 Three Notch Road

Borrower City

Lexington Park

Borrower State

MD

Borrower Zip

20653

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

951000.00

Current Approval Amount

951000.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington Park

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20653-0001

CD

MD-05

Jobs Reported

88

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

951000.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

961317.70

Forgiveness Date

05/17/2021

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