PPP Loan information for Lusby motor company, inc

$187,200

Lusby motor company, inc was initially approved for PPP Loan of amount $187,200, the current approved amount is $187,200. The loan was approved on 04/16/2020 by The Virginia Partners Bank reported 19 jobs and $187,200 was used to fund payroll.

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

PPP Loan Search / MD / PRINCE FREDERICK / Lusby motor company, inc

LUSBY MOTOR COMPANY, INC

Date Approved

04/16/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LUSBY MOTOR COMPANY, INC

Borrower Address

155 MAIN STREET

Borrower City

PRINCE FREDERICK

Borrower State

MD

Borrower Zip

20678-9301

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187200.00

Current Approval Amount

187200.00

Undisbursed Amount

0.00

Franchise Name

True Value Company LLC - Member Agreement

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCE FREDERICK

Project County Name

CALVERT

Project State

MD

Project Zip

20678-9301

CD

MD-05

Jobs Reported

19

NAICS Code

444130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187200.00

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

Corporation

Originating Lender Location Id

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

188401.20

Forgiveness Date

12/09/2020

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