Lgmac, Inc.

$555,282 PPP Loan in Lumberton, North Carolina

Loan Details

Loan Number
3660577207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$555,282
Current Approval
$555,282
Forgiveness Amount
$558,676
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lgmac, Inc.
Address
500 Linkhaw Rd
ZIP Code
28358-2599
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.1M
Rural/Urban
Rural
Congressional District
NC-07

Loan Use Breakdown

Payroll
$555,282

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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