PPP Loan information for Forty7 motorsports

$20,580

Forty7 motorsports was initially approved for PPP Loan of amount $20,580, the current approved amount is $20,580. The loan was approved on 05/06/2020 by The Celtic Bank Corporation reported 2 jobs and $20,580 was used to fund payroll.

Forty7 motorsports is Existing or more than 2 years old

FORTY7 MOTORSPORTS

Date Approved

05/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FORTY7 MOTORSPORTS

Borrower Address

1 Motorsports Boulevard

Borrower City

Millville

Borrower State

NJ

Borrower Zip

08332

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20580.00

Current Approval Amount

20580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millville

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08332-0001

CD

NJ-02

Jobs Reported

2

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5145.00

Payroll Proceed

15435.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20820.19

Forgiveness Date

07/09/2021

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