PPP Loan information for John davis classic motorsports llc

$62,330

John davis classic motorsports llc was initially approved for PPP Loan of amount $62,330, the current approved amount is $62,330. The loan was approved on 01/27/2021 by The Farmers & Merchants Bank reported 6 jobs and $62,330 was used to fund payroll.

John davis classic motorsports llc is Existing or more than 2 years old

JOHN DAVIS CLASSIC MOTORSPORTS LLC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

JOHN DAVIS CLASSIC MOTORSPORTS LLC

Borrower Address

347 Captain Shands Rd

Borrower City

Weyers Cave

Borrower State

VA

Borrower Zip

24486-2807

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62330.00

Current Approval Amount

62330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Weyers Cave

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

24486-2807

CD

VA-06

Jobs Reported

6

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62327.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62584.51

Forgiveness Date

06/25/2021

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