PPP Loan information for J & j racing

$20,668

J & j racing was initially approved for PPP Loan of amount $20,668, the current approved amount is $20,668. The loan was approved on 01/31/2021 by The First Bank of the Lake reported 1 jobs and $20,668 was used to fund payroll.

J & j racing is Existing or more than 2 years old

J & J RACING

Date Approved

01/31/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

J & J RACING

Borrower Address

4081 Old Brownsville Rd

Borrower City

Bartlett

Borrower State

TN

Borrower Zip

38135-0306

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20667.71

Current Approval Amount

20667.71

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bartlett

Project County Name

SHELBY

Project State

TN

Project Zip

38135-0306

CD

TN-08

Jobs Reported

1

NAICS Code

711211

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20667.71

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

Sole Proprietorship

Originating Lender Location Id

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20868.65

Forgiveness Date

02/02/2022

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