PPP Loan information for Legend automotive, inc.

$831,275

Legend automotive, inc. was initially approved for PPP Loan of amount $831,275, the current approved amount is $831,275. The loan was approved on 04/10/2020 by The First Freedom Bank reported 67 jobs and $831,275 was used to fund payroll.

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

LEGEND AUTOMOTIVE, INC.

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LEGEND AUTOMOTIVE, INC.

Borrower Address

395 West HIGHWAY 192

Borrower City

LONDON

Borrower State

KY

Borrower Zip

40741-2419

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

831275.00

Current Approval Amount

831275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440697

Servicing Lender Name

First Freedom Bank

Servicing Lender Address

1620 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3102

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONDON

Project County Name

LAUREL

Project State

KY

Project Zip

40741-2419

CD

KY-05

Jobs Reported

67

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

623456.25

Mortgage Interest Proceed

0.00

Rent Proceed

207818.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

440697

Originating Lender

First Freedom Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

826476.41

Forgiveness Date

11/25/2020

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