PPP Loan information for Mccumbee mcaleer racing, llc

$64,550

Mccumbee mcaleer racing, llc was initially approved for PPP Loan of amount $56,910, the current approved amount is $64,550. The loan was approved on 04/05/2020 by The Palmetto State Bank reported 9 jobs and $64,550 was used to fund payroll.

Mccumbee mcaleer racing, llc is Existing or more than 2 years old

MCCUMBEE MCALEER RACING, LLC

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MCCUMBEE MCALEER RACING, LLC

Borrower Address

229 EAST SECOND STREET

Borrower City

OCEAN ISLE BEACH

Borrower State

NC

Borrower Zip

28469

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56910.00

Current Approval Amount

64550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66132

Servicing Lender Name

Palmetto State Bank

Servicing Lender Address

601 1st St W

Servicing Lender City

HAMPTON

Servicing Lender State

SC

Servicing Lender Zip

29924-3505

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN ISLE BEACH

Project County Name

BRUNSWICK

Project State

NC

Project Zip

28469-0001

CD

NC-07

Jobs Reported

9

NAICS Code

711219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48412.50

Mortgage Interest Proceed

0.00

Rent Proceed

16137.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66132

Originating Lender

Palmetto State Bank

Originating Lender City

HAMPTON

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65052.25

Forgiveness Date

01/25/2021

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