PPP Loan information for Diamond motor sports, inc.

$1,380,200

Diamond motor sports, inc. was initially approved for PPP Loan of amount $1,380,200, the current approved amount is $1,380,200. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 169 jobs and $1,380,200 was used to fund payroll.

Diamond motor sports, inc. is Existing or more than 2 years old

DIAMOND MOTOR SPORTS, INC.

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

DIAMOND MOTOR SPORTS, INC.

Borrower Address

4567 S Dupont Hwy

Borrower City

Dover

Borrower State

DE

Borrower Zip

19901

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1380200.00

Current Approval Amount

1380200.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

KENT

Project State

DE

Project Zip

19901-1200

CD

DE-

Jobs Reported

169

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1380200.00

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

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1390787.84

Forgiveness Date

02/03/2021

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