PPP Loan information for Flatout motorsports, inc.

$82,100

Flatout motorsports, inc. was initially approved for PPP Loan of amount $71,375, the current approved amount is $82,100. The loan was approved on 04/16/2020 by The Bank of America, National Association reported 5 jobs and $82,100 was used to fund payroll.

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

PPP Loan Search / MA / MENDON / Flatout motorsports, inc.

FLATOUT MOTORSPORTS, INC.

Date Approved

04/16/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FLATOUT MOTORSPORTS, INC.

Borrower Address

30 CAPE RD

Borrower City

MENDON

Borrower State

MA

Borrower Zip

01756-1118

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71375.00

Current Approval Amount

82100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MENDON

Project County Name

WORCESTER

Project State

MA

Project Zip

01756-1118

CD

MA-04

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82100.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82837.78

Forgiveness Date

03/11/2021

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