PPP Loan information for Don schumacher racing corporation

$990,500

Don schumacher racing corporation was initially approved for PPP Loan of amount $990,500, the current approved amount is $990,500. The loan was approved on 01/22/2021 by The Newtek Small Business Finance, Inc. reported 62 jobs and $990,500 was used to fund payroll.

Don schumacher racing corporation is Existing or more than 2 years old

PPP Loan Search / IN / Brownsburg / Don schumacher racing corporation

DON SCHUMACHER RACING CORPORATION

Date Approved

01/22/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DON SCHUMACHER RACING CORPORATION

Borrower Address

1681 E Northfield Dr

Borrower City

Brownsburg

Borrower State

IN

Borrower Zip

46112-2485

Loan Status Date

12/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

990500.00

Current Approval Amount

990500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brownsburg

Project County Name

HENDRICKS

Project State

IN

Project Zip

46112-2485

CD

IN-04

Jobs Reported

62

NAICS Code

711219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

990499.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1006430.54

Forgiveness Date

09/20/2022

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