PPP Loan information for Cobetto racing llc

$25,900

Cobetto racing llc was initially approved for PPP Loan of amount $25,900, the current approved amount is $25,900. The loan was approved on 02/04/2021 by The New Horizon Bank, National Association reported 2 jobs and $25,900 was used to fund payroll.

Cobetto racing llc is Existing or more than 2 years old

PPP Loan Search / VA / Montpelier / Cobetto racing llc

COBETTO RACING LLC

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

COBETTO RACING LLC

Borrower Address

14461 Cedar Creek Farm Ln

Borrower City

Montpelier

Borrower State

VA

Borrower Zip

23192-2933

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25900.00

Current Approval Amount

25900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

470277

Servicing Lender Name

New Horizon Bank, National Association

Servicing Lender Address

1870 Stoneridge Commerce Dr

Servicing Lender City

POWHATAN

Servicing Lender State

VA

Servicing Lender Zip

23139-6640

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montpelier

Project County Name

HANOVER

Project State

VA

Project Zip

23192-2933

CD

VA-05

Jobs Reported

2

NAICS Code

711212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25900.00

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

470277

Originating Lender

New Horizon Bank, National Association

Originating Lender City

POWHATAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26245.57

Forgiveness Date

06/08/2022

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