PPP Loan information for L & m motorsports, inc.

$144,900

L & m motorsports, inc. was initially approved for PPP Loan of amount $144,900, the current approved amount is $144,900. The loan was approved on 04/09/2020 by The Citizens State Bank of New Castle reported 17 jobs and $144,900 was used to fund payroll.

L & m motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / IN / WESTFIELD / L & m motorsports, inc.

L & M MOTORSPORTS, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

L & M MOTORSPORTS, INC.

Borrower Address

18128 MARKET COURT

Borrower City

WESTFIELD

Borrower State

IN

Borrower Zip

46074-8728

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144900.00

Current Approval Amount

144900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24059

Servicing Lender Name

Citizens State Bank of New Castle

Servicing Lender Address

1238 Broad St

Servicing Lender City

NEW CASTLE

Servicing Lender State

IN

Servicing Lender Zip

47362-4509

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

HAMILTON

Project State

IN

Project Zip

46074-8728

CD

IN-05

Jobs Reported

17

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5005.00

Payroll Proceed

11200.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

114695.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24059

Originating Lender

Citizens State Bank of New Castle

Originating Lender City

NEW CASTLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135679.42

Forgiveness Date

11/12/2020

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