PPP Loan information for Ford and sorenson racing, llc

$58,800

Ford and sorenson racing, llc was initially approved for PPP Loan of amount $58,800, the current approved amount is $58,800. The loan was approved on 04/30/2020 by The City Bank reported 8 jobs and $58,800 was used to fund payroll.

Ford and sorenson racing, llc is Existing or more than 2 years old

PPP Loan Search / NM / RUIDOSO / Ford and sorenson racing, llc

FORD AND SORENSON RACING, LLC

Date Approved

04/30/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FORD AND SORENSON RACING, LLC

Borrower Address

134 SUDDERTH DR Suite C

Borrower City

RUIDOSO

Borrower State

NM

Borrower Zip

88345-6099

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58800.00

Current Approval Amount

58800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUIDOSO

Project County Name

LINCOLN

Project State

NM

Project Zip

88345-6099

CD

NM-01

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5880.00

Payroll Proceed

47040.00

Mortgage Interest Proceed

0.00

Rent Proceed

5880.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59399.43

Forgiveness Date

05/07/2021

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