PPP Loan information for Got gear motorsports, llc

$455,300

Got gear motorsports, llc was initially approved for PPP Loan of amount $455,300, the current approved amount is $455,300. The loan was approved on 04/05/2020 by The BankPlus reported 35 jobs and $455,300 was used to fund payroll.

Got gear motorsports, llc is Existing or more than 2 years old

GOT GEAR MOTORSPORTS, LLC

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

GOT GEAR MOTORSPORTS, LLC

Borrower Address

230 HIGHWAY 51

Borrower City

RIDGELAND

Borrower State

MS

Borrower Zip

39157-4422

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

455300.00

Current Approval Amount

455300.00

Undisbursed Amount

0.00

Franchise Name

Honda Powersports Sales and Service Agreements

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGELAND

Project County Name

MADISON

Project State

MS

Project Zip

39157-4422

CD

MS-03

Jobs Reported

35

NAICS Code

454390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

12200.00

Payroll Proceed

364317.92

Mortgage Interest Proceed

0.00

Rent Proceed

58789.64

Refinance EIDL Proceed

0.00

Health Care Proceed

19992.44

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

427833.51

Forgiveness Date

11/03/2021

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