PPP Loan information for Lxb auto, llc

$2,186,502

Lxb auto, llc was initially approved for PPP Loan of amount $2,186,502, the current approved amount is $2,186,502. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 130 jobs and $2,186,502 was used to fund payroll.

Lxb auto, llc is New Business or 2 years or less

LXB AUTO, LLC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LXB AUTO, LLC

Borrower Address

711 Route 1 0.0

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08817-4550

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2186502.00

Current Approval Amount

2186502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Edison

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08817-4550

CD

NJ-06

Jobs Reported

130

NAICS Code

441110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

59591.00

Payroll Proceed

1639876.00

Mortgage Interest Proceed

0.00

Rent Proceed

337022.00

Refinance EIDL Proceed

0.00

Health Care Proceed

150013.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2215846.07

Forgiveness Date

08/17/2021

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