PPP Loan information for Driver motorsports

$26,791

Driver motorsports was initially approved for PPP Loan of amount $26,791, the current approved amount is $26,791. The loan was approved on 04/29/2020 by The Truist Bank reported 6 jobs and $26,791 was used to fund payroll.

Driver motorsports is Existing or more than 2 years old

PPP Loan Search / VA / Rustburg / Driver motorsports

DRIVER MOTORSPORTS

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DRIVER MOTORSPORTS

Borrower Address

10611 Wards Rd

Borrower City

Rustburg

Borrower State

VA

Borrower Zip

24588

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26791.00

Current Approval Amount

26791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rustburg

Project County Name

CAMPBELL

Project State

VA

Project Zip

24588-0001

CD

VA-05

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26791.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26982.26

Forgiveness Date

01/20/2021

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