PPP Loan information for Cognito motorsports, inc.

$575,400

Cognito motorsports, inc. was initially approved for PPP Loan of amount $575,400, the current approved amount is $575,400. The loan was approved on 04/27/2020 by The Tri Counties Bank reported 58 jobs and $575,400 was used to fund payroll.

Cognito motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Cognito motorsports, inc.

COGNITO MOTORSPORTS, INC.

Date Approved

04/27/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

COGNITO MOTORSPORTS, INC.

Borrower Address

34935 Flyover Court

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93308

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

575400.00

Current Approval Amount

575400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5060

Servicing Lender Name

Tri Counties Bank

Servicing Lender Address

63 Constitution Dr

Servicing Lender City

CHICO

Servicing Lender State

CA

Servicing Lender Zip

95973-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93308-0001

CD

CA-20

Jobs Reported

58

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

575400.00

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

5060

Originating Lender

Tri Counties Bank

Originating Lender City

CHICO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

579167.69

Forgiveness Date

12/31/2020

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