PPP Loan information for Hill city motorsports inc

$214,000

Hill city motorsports inc was initially approved for PPP Loan of amount $186,300, the current approved amount is $214,000. The loan was approved on 04/08/2020 by The Truist Bank reported 21 jobs and $214,000 was used to fund payroll.

Hill city motorsports inc is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Hill city motorsports inc

HILL CITY MOTORSPORTS INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HILL CITY MOTORSPORTS INC

Borrower Address

20452 TIMBERLAKE RD

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-7212

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186300.00

Current Approval Amount

214000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

CAMPBELL

Project State

VA

Project Zip

24502-7212

CD

VA-05

Jobs Reported

21

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

214000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215284.00

Forgiveness Date

11/19/2020

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