PPP Loan information for Fxr racing usa inc

$114,100

Fxr racing usa inc was initially approved for PPP Loan of amount $114,100, the current approved amount is $114,100. The loan was approved on 04/28/2020 by The Sherburne State Bank reported 9 jobs and $114,100 was used to fund payroll.

Fxr racing usa inc is Existing or more than 2 years old

FXR RACING USA INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FXR RACING USA INC

Borrower Address

1650 11th Ave. SW Suite 101

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-2122

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114100.00

Current Approval Amount

114100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-2122

CD

MN-08

Jobs Reported

9

NAICS Code

448190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114100.00

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

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114930.39

Forgiveness Date

01/26/2021

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