PPP Loan information for Air power racing

$70,700

Air power racing was initially approved for PPP Loan of amount $70,700, the current approved amount is $70,700. The loan was approved on 04/27/2020 by The Bank of Utah reported 6 jobs and $70,700 was used to fund payroll.

Air power racing is Existing or more than 2 years old

PPP Loan Search / UT / GRANTSVILLE / Air power racing

AIR POWER RACING

Date Approved

04/27/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

AIR POWER RACING

Borrower Address

512 S SHEEP LN

Borrower City

GRANTSVILLE

Borrower State

UT

Borrower Zip

84074-8270

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70700.00

Current Approval Amount

70700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRANTSVILLE

Project County Name

TOOELE

Project State

UT

Project Zip

84074-8270

CD

UT-02

Jobs Reported

6

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7070.00

Payroll Proceed

56560.00

Mortgage Interest Proceed

0.00

Rent Proceed

7070.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71279.16

Forgiveness Date

02/23/2021

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