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 04/15/2020 by The Manufacturers and Traders Trust Company reported 97 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

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CIRCLE MOTORSPORT, INC.

Borrower Address

500 Route 36 East

Borrower City

Eatontown

Borrower State

NJ

Borrower Zip

07724

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1541735.00

Current Approval Amount

1541735.00

Undisbursed Amount

0.00

Franchise Name

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

N

Business Age Description

Existing or more than 2 years old

Project City

Eatontown

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07724-0001

CD

NJ-04

Jobs Reported

97

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26016.00

Payroll Proceed

1121956.00

Mortgage Interest Proceed

0.00

Rent Proceed

310000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

49763.00

Debt Interest Proceed

34000

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1556096.37

Forgiveness Date

03/31/2021

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