PPP Loan information for Jotech racing inc.

$56,075

Jotech racing inc. was initially approved for PPP Loan of amount $56,075, the current approved amount is $56,075. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $56,075 was used to fund payroll.

Jotech racing inc. is Existing or more than 2 years old

JOTECH RACING INC.

Date Approved

04/16/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

JOTECH RACING INC.

Borrower Address

3513 Dividend Dr

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75042

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56075.00

Current Approval Amount

56075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARLAND

Project County Name

DALLAS

Project State

TX

Project Zip

75042-2900

CD

TX-05

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5779.00

Payroll Proceed

44860.00

Mortgage Interest Proceed

0.00

Rent Proceed

4486.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

950

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56766.50

Forgiveness Date

07/15/2021

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