PPP Loan information for Maxwell motorsports and driving school

$56,000

Maxwell motorsports and driving school was initially approved for PPP Loan of amount $56,000, the current approved amount is $56,000. The loan was approved on 04/10/2020 by The Guaranty Bank & Trust Company reported 14 jobs and $56,000 was used to fund payroll.

Maxwell motorsports and driving school is Existing or more than 2 years old

PPP Loan Search / TN / SOMERVILLE / Maxwell motorsports and driving school

MAXWELL MOTORSPORTS AND DRIVING SCHOOL

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAXWELL MOTORSPORTS AND DRIVING SCHOOL

Borrower Address

20900 Highway 194

Borrower City

SOMERVILLE

Borrower State

TN

Borrower Zip

38068

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56000.00

Current Approval Amount

56000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39146

Servicing Lender Name

Guaranty Bank & Trust Company

Servicing Lender Address

210 Hayden St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3636

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

FAYETTE

Project State

TN

Project Zip

38068-0001

CD

TN-08

Jobs Reported

14

NAICS Code

611692

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56000.00

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

Corporation

Originating Lender Location Id

39146

Originating Lender

Guaranty Bank & Trust Company

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

46248.27

Forgiveness Date

11/09/2020

;