PPP Loan information for Capital city motorsports llc

$261,800

Capital city motorsports llc was initially approved for PPP Loan of amount $261,800, the current approved amount is $261,800. The loan was approved on 04/09/2020 by The TowneBank reported 17 jobs and $261,800 was used to fund payroll.

Capital city motorsports llc is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Capital city motorsports llc

CAPITAL CITY MOTORSPORTS LLC

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CAPITAL CITY MOTORSPORTS LLC

Borrower Address

7830 Airpark Road

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879-4147

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261800.00

Current Approval Amount

261800.00

Undisbursed Amount

0.00

Franchise Name

Harley Davidson - Motor Cycle Dealer Contract

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-4147

CD

MD-08

Jobs Reported

17

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

261800.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264745.25

Forgiveness Date

05/27/2021

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