PPP Loan information for Mccormack motorsports, inc.

$41,403

Mccormack motorsports, inc. was initially approved for PPP Loan of amount $41,403, the current approved amount is $41,403. The loan was approved on 05/01/2020 by The Oxford Bank reported 3 jobs and $41,403 was used to fund payroll.

Mccormack motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / MI / OXFORD / Mccormack motorsports, inc.

MCCORMACK MOTORSPORTS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCCORMACK MOTORSPORTS, INC.

Borrower Address

1090 TINLEY BLVD

Borrower City

OXFORD

Borrower State

MI

Borrower Zip

48371-6613

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41402.81

Current Approval Amount

41402.81

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48371-6613

CD

MI-09

Jobs Reported

3

NAICS Code

541613

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41402.81

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41670.78

Forgiveness Date

12/31/2020

;