# PPP loan: LUX MOTORS, INC.
> **$620K** approved 06/02/2020 · Charged Off · Loan `6773527802`
## Borrower
- **Name:** LUX MOTORS, INC.
- **Address:** 3508 Northwest 35th Street, Lauderdale Lakes, FL, 33309-5412
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $465K
- **Rent:** $77K
- **Utilities:** $77K
- **Jobs reported:** 37
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*