PPP Loan information for Massimo motor sports llc

$408,280

Massimo motor sports llc was initially approved for PPP Loan of amount $408,280, the current approved amount is $408,280. The loan was approved on 02/27/2021 by The East West Bank reported 50 jobs and $408,280 was used to fund payroll.

Massimo motor sports llc is Existing or more than 2 years old

PPP Loan Search / TX / Garland / Massimo motor sports llc

MASSIMO MOTOR SPORTS LLC

Date Approved

02/27/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

MASSIMO MOTOR SPORTS LLC

Borrower Address

3101 W Miller Rd

Borrower City

Garland

Borrower State

TX

Borrower Zip

75041-6107

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

408280.00

Current Approval Amount

408280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

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

75041-6107

CD

TX-32

Jobs Reported

50

NAICS Code

336112

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

408274.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

411217.35

Forgiveness Date

11/16/2021

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