PPP Loan information for Ave motorsports inc

$67,418

Ave motorsports inc was initially approved for PPP Loan of amount $67,418, the current approved amount is $67,418. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $67,418 was used to fund payroll.

Ave motorsports inc is New Business or 2 years or less

AVE MOTORSPORTS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AVE MOTORSPORTS INC

Borrower Address

4486 PROVIDENCE MILL RD

Borrower City

MAIDEN

Borrower State

NC

Borrower Zip

28650-8520

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67418.00

Current Approval Amount

67418.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAIDEN

Project County Name

CATAWBA

Project State

NC

Project Zip

28650-8520

CD

NC-10

Jobs Reported

9

NAICS Code

336111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67418.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68856.87

Forgiveness Date

06/23/2022

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