PPP Loan information for Monroe motor sports inc

$216,900

Monroe motor sports inc was initially approved for PPP Loan of amount $216,900, the current approved amount is $216,900. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 21 jobs and $216,900 was used to fund payroll.

Monroe motor sports inc is Change of Ownership

PPP Loan Search / MI / MONROE / Monroe motor sports inc

MONROE MOTOR SPORTS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONROE MOTOR SPORTS INC

Borrower Address

1314 S Telegraph

Borrower City

MONROE

Borrower State

MI

Borrower Zip

48161

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216900.00

Current Approval Amount

216900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Change of Ownership

Project City

MONROE

Project County Name

MONROE

Project State

MI

Project Zip

48161-0001

CD

MI-05

Jobs Reported

21

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

216900.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

218605.49

Forgiveness Date

02/11/2021

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