Lagrew Motors, Inc.
$933,100 PPP Loan in Lexington, Kentucky
Loan Details
- Loan Number
- 6672497001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $933,100
- Current Approval
- $933,100
- Forgiveness Amount
- $784,809
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lagrew Motors, Inc.
- Address
- 2440 Richmond Road
- City
- Lexington
- State
- Kentucky
- ZIP Code
- 40502-2020
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Mercedes-Benz - Passenger Car Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 60
- Estimated Revenue
- $15.1M
- Rural/Urban
- Urban
- Congressional District
- KY-06
Loan Use Breakdown
- Payroll
- $746,500
- Rent
- $120,000
- Utilities
- $18,000
- Mortgage Interest
- $48,600
Lender Information
- Servicing Lender
- Central Bank & Trust Co.
- Originating Lender
- Central Bank & Trust Co.
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