PPP Loan information for Lucas motor company, inc.

$435,538

Lucas motor company, inc. was initially approved for PPP Loan of amount $435,538, the current approved amount is $435,538. The loan was approved on 04/29/2020 by The Wilmington Savings Fund Society, FSB reported 42 jobs and $435,538 was used to fund payroll.

Lucas motor company, inc. is Existing or more than 2 years old

LUCAS MOTOR COMPANY, INC.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LUCAS MOTOR COMPANY, INC.

Borrower Address

900 E ROUTE 130

Borrower City

BURLINGTON

Borrower State

NJ

Borrower Zip

08016-2952

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435537.50

Current Approval Amount

435537.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08016-2952

CD

NJ-03

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

435537.50

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

438520.63

Forgiveness Date

01/14/2021

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