Date Approved
04/27/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
JKS MOTORSPORTS INC
Borrower Address
301 Welcome Center Blvd
Borrower City
Lexington
Borrower State
NC
Borrower Zip
27295
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
289117.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAVIDSON
Project State
Project Zip
27295-0001
CD
NC-08
Jobs Reported
21
NAICS Code
541810
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
235117.50
Mortgage Interest Proceed
Rent Proceed
54000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
124102
Originating Lender
First Reliance Bank
Originating Lender City
FLORENCE
Originating Lender State
SC
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
292341.36
Forgiveness Date
06/10/2021