PPP Loan information for Horizon motorsports

$53,600

Horizon motorsports was initially approved for PPP Loan of amount $53,600, the current approved amount is $53,600. The loan was approved on 04/07/2020 by The The Commercial and Savings Bank of Millersburg, Ohio reported 7 jobs and $53,600 was used to fund payroll.

Horizon motorsports is Existing or more than 2 years old

HORIZON MOTORSPORTS

Date Approved

04/07/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

HORIZON MOTORSPORTS

Borrower Address

4975 TUSCARAWAS ST W

Borrower City

CANTON

Borrower State

OH

Borrower Zip

44708-5011

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53600.00

Current Approval Amount

53600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57845

Servicing Lender Name

The Commercial and Savings Bank of Millersburg, Ohio

Servicing Lender Address

91 N Clay St

Servicing Lender City

MILLERSBURG

Servicing Lender State

OH

Servicing Lender Zip

44654-1117

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

STARK

Project State

OH

Project Zip

44708-5011

CD

OH-06

Jobs Reported

7

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4466.67

Payroll Proceed

40200.00

Mortgage Interest Proceed

4466.67

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4466.66

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

57845

Originating Lender

The Commercial and Savings Bank of Millersburg, Ohio

Originating Lender City

MILLERSBURG

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54016.89

Forgiveness Date

01/20/2021

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