PPP Loan information for 4042 motorsports llc

$61,837

4042 motorsports llc was initially approved for PPP Loan of amount $61,837, the current approved amount is $61,837. The loan was approved on 02/26/2021 by The Truist Bank reported 8 jobs and $61,837 was used to fund payroll.

4042 motorsports llc is Existing or more than 2 years old

PPP Loan Search / NC / Willow Spring / 4042 motorsports llc

4042 MOTORSPORTS LLC

Date Approved

02/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

4042 MOTORSPORTS LLC

Borrower Address

3640 Sanders Rd

Borrower City

Willow Spring

Borrower State

NC

Borrower Zip

27592-8876

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61837.00

Current Approval Amount

61837.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willow Spring

Project County Name

JOHNSTON

Project State

NC

Project Zip

27592-8876

CD

NC-13

Jobs Reported

8

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61834.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62391.82

Forgiveness Date

01/26/2022

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