PPP Loan information for Baker motorsports of fayetteville, llc

$196,160

Baker motorsports of fayetteville, llc was initially approved for PPP Loan of amount $196,160, the current approved amount is $196,160. The loan was approved on 04/13/2020 by The Ally Bank reported 21 jobs and $196,160 was used to fund payroll.

Baker motorsports of fayetteville, llc is Existing or more than 2 years old

BAKER MOTORSPORTS OF FAYETTEVILLE, LLC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BAKER MOTORSPORTS OF FAYETTEVILLE, LLC

Borrower Address

3700 Sycamore Dairy Rd

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28303-3474

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196160.41

Current Approval Amount

196160.41

Undisbursed Amount

0.00

Franchise Name

Suzuki Motorcycle/ATV Dealer Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28303-3474

CD

NC-09

Jobs Reported

21

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196160.41

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198072.56

Forgiveness Date

04/08/2021

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