PPP Loan information for Lux, inc.

$240,335

Lux, inc. was initially approved for PPP Loan of amount $240,335, the current approved amount is $240,335. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 24 jobs and $240,335 was used to fund payroll.

Lux, inc. is Existing or more than 2 years old

PPP Loan Search / MD / HYATTSVILLE / Lux, inc.

LUX, INC.

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LUX, INC.

Borrower Address

7651 PRESTON DR

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20785-2319

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240335.00

Current Approval Amount

240335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HYATTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20785-2319

CD

MD-04

Jobs Reported

24

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240335.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243429.72

Forgiveness Date

08/09/2021

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