PPP Loan information for Maxwell motorsports and driving school

$51,948

Maxwell motorsports and driving school was initially approved for PPP Loan of amount $51,948, the current approved amount is $51,948. The loan was approved on 02/05/2021 by The Guaranty Bank & Trust Company reported 13 jobs and $51,948 was used to fund payroll.

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

MAXWELL MOTORSPORTS AND DRIVING SCHOOL

Date Approved

02/05/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MAXWELL MOTORSPORTS AND DRIVING SCHOOL

Borrower Address

20985 Highway 194

Borrower City

Somerville

Borrower State

TN

Borrower Zip

38068-5718

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51948.32

Current Approval Amount

51948.32

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

Y

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

38068-5718

CD

TN-08

Jobs Reported

13

NAICS Code

611692

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51946.32

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52119.11

Forgiveness Date

06/23/2021

;