PPP Loan information for Fredericksburg motor sports

$236,199

Fredericksburg motor sports was initially approved for PPP Loan of amount $236,199, the current approved amount is $236,199. The loan was approved on 04/15/2020 by The Burke & Herbert Bank & Trust Company reported 27 jobs and $236,199 was used to fund payroll.

Fredericksburg motor sports is Existing or more than 2 years old

FREDERICKSBURG MOTOR SPORTS

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FREDERICKSBURG MOTOR SPORTS

Borrower Address

430 KINGS HWY

Borrower City

FREDERICKSBURG

Borrower State

VA

Borrower Zip

22405-3231

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236198.55

Current Approval Amount

236198.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREDERICKSBURG

Project County Name

STAFFORD

Project State

VA

Project Zip

22405-3231

CD

VA-07

Jobs Reported

27

NAICS Code

441228

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236198.55

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237757.36

Forgiveness Date

07/08/2021

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