PPP Loan information for Hi-tech motorsports, inc.

$132,419

Hi-tech motorsports, inc. was initially approved for PPP Loan of amount $132,419, the current approved amount is $132,419. The loan was approved on 04/08/2020 by The New England FCU reported 14 jobs and $132,419 was used to fund payroll.

Hi-tech motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / VT / ESSEX JUNCTION / Hi-tech motorsports, inc.

HI-TECH MOTORSPORTS, INC.

Date Approved

04/08/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

HI-TECH MOTORSPORTS, INC.

Borrower Address

7 KELLOGG RD

Borrower City

ESSEX JUNCTION

Borrower State

VT

Borrower Zip

05452-2801

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132418.70

Current Approval Amount

132418.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107013

Servicing Lender Name

New England FCU

Servicing Lender Address

141 Harvest Ln

Servicing Lender City

WILLISTON

Servicing Lender State

VT

Servicing Lender Zip

05495

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESSEX JUNCTION

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05452-2801

CD

VT-

Jobs Reported

14

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132418.70

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

107013

Originating Lender

New England FCU

Originating Lender City

WILLISTON

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

133289.40

Forgiveness Date

12/14/2020

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