PPP Loan information for Handlebar motorsports inc.

$218,227

Handlebar motorsports inc. was initially approved for PPP Loan of amount $218,227, the current approved amount is $218,227. The loan was approved on 04/27/2020 by The First Southwest Bank reported 15 jobs and $218,227 was used to fund payroll.

Handlebar motorsports inc. is Existing or more than 2 years old

HANDLEBAR MOTORSPORTS INC.

Date Approved

04/27/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

HANDLEBAR MOTORSPORTS INC.

Borrower Address

346 S CAMINO DEL RIO

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81301-5340

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218226.85

Current Approval Amount

218226.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378609

Servicing Lender Name

First Southwest Bank

Servicing Lender Address

720 Main St

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2540

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81301-5340

CD

CO-03

Jobs Reported

15

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218226.85

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

Subchapter S Corporation

Originating Lender Location Id

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220199.86

Forgiveness Date

03/31/2021

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