PPP Loan information for Gmt racing, inc

$167,600

Gmt racing, inc was initially approved for PPP Loan of amount $167,600, the current approved amount is $167,600. The loan was approved on 04/28/2020 by The Union Savings Bank reported 16 jobs and $167,600 was used to fund payroll.

Gmt racing, inc is Existing or more than 2 years old

GMT RACING, INC

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

GMT RACING, INC

Borrower Address

16 COMMERCE RD

Borrower City

NEWTOWN

Borrower State

CT

Borrower Zip

06470-1607

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167600.00

Current Approval Amount

167600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16112

Servicing Lender Name

Union Savings Bank

Servicing Lender Address

226 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTOWN

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06470-1607

CD

CT-05

Jobs Reported

16

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167600.00

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

16112

Originating Lender

Union Savings Bank

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169690.34

Forgiveness Date

07/29/2021

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