PPP Loan information for Circle motorsport inc.

$1,541,735

Circle motorsport inc. was initially approved for PPP Loan of amount $1,541,735, the current approved amount is $1,541,735. The loan was approved on 03/31/2021 by The Manufacturers and Traders Trust Company reported 85 jobs and $1,541,735 was used to fund payroll.

Circle motorsport inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Eatontown / Circle motorsport inc.

CIRCLE MOTORSPORT INC.

Date Approved

03/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CIRCLE MOTORSPORT INC.

Borrower Address

500 State Route 36

Borrower City

Eatontown

Borrower State

NJ

Borrower Zip

07724-2518

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1541735.00

Current Approval Amount

1541735.00

Undisbursed Amount

0.00

Franchise Name

BMW of North America, LLC - Center Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eatontown

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07724-2518

CD

NJ-04

Jobs Reported

85

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1541731.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1549380.32

Forgiveness Date

10/06/2021

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