Lordstown Motors Corp.

$1,509,400 PPP Loan in Warren, Ohio

Loan Details

Loan Number
1035497104
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,509,400
Current Approval
$1,014,652
Forgiveness Amount
$1,025,577
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lordstown Motors Corp.
Address
2300 Hallock-Young Rd
City
Warren
State
Ohio
ZIP Code
44481-9238
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336111)
Business Age
New Business or 2 years or less
Jobs Reported
42
Estimated Revenue
$11.0M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$1,014,652

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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