PPP Loan information for Kensington motorsports inc

$87,700

Kensington motorsports inc was initially approved for PPP Loan of amount $87,700, the current approved amount is $87,700. The loan was approved on 04/04/2020 by The Commercial Bank reported 11 jobs and $87,700 was used to fund payroll.

Kensington motorsports inc is Existing or more than 2 years old

PPP Loan Search / MI / NEW HUDSON / Kensington motorsports inc

KENSINGTON MOTORSPORTS INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KENSINGTON MOTORSPORTS INC

Borrower Address

56605 PONTIAC TRL

Borrower City

NEW HUDSON

Borrower State

MI

Borrower Zip

48165-9431

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87700.00

Current Approval Amount

87700.00

Undisbursed Amount

0.00

Franchise Name

Polaris - Dealer Agreement

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HUDSON

Project County Name

OAKLAND

Project State

MI

Project Zip

48165-9431

CD

MI-07

Jobs Reported

11

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

925.00

Payroll Proceed

65775.00

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88747.59

Forgiveness Date

06/24/2021

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