Lg Affordable Motors LLC

$150,000 PPP Loan in Margate, Florida

Loan Details

Loan Number
1845788008
Date Approved
Jun 23, 2020
Loan Status
Charged Off
Initial Approval
$150,000
Current Approval
$150,000
Forgiveness Amount
$42,530
Forgiveness Date
Sep 28, 2021
Term
13 months
Draw
First Draw

Business Information

Business Name
Lg Affordable Motors LLC
Address
1910 Mears Parkway Margate
State
Florida
ZIP Code
33063
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (812990)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
FL-23

Loan Use Breakdown

Payroll
$112,500
Rent
$18,750
Utilities
$18,750

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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