PPP Loan information for Best motor sports corporation

$25,000

Best motor sports corporation was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 01/20/2021 by The Old National Bank reported 5 jobs and $25,000 was used to fund payroll.

Best motor sports corporation is Existing or more than 2 years old

BEST MOTOR SPORTS CORPORATION

Date Approved

01/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BEST MOTOR SPORTS CORPORATION

Borrower Address

1901 E Lincoln Hwy

Borrower City

Lynwood

Borrower State

IL

Borrower Zip

60411-7705

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynwood

Project County Name

COOK

Project State

IL

Project Zip

60411-7705

CD

IL-02

Jobs Reported

5

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

24997.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25301.39

Forgiveness Date

04/06/2022

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