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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BRUNSWICK
Project State
Project Zip
28469-0001
CD
NC-07
Jobs Reported
9
NAICS Code
711219
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
48412.50
Mortgage Interest Proceed
Rent Proceed
16137.50
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
65052.25
Forgiveness Date
01/25/2021