PPP Loan information for Moreland motorsports llc

$298,407

Moreland motorsports llc was initially approved for PPP Loan of amount $298,407, the current approved amount is $298,407. The loan was approved on 03/13/2021 by The Customers Bank reported 15 jobs and $298,407 was used to fund payroll.

Moreland motorsports llc is Existing or more than 2 years old

MORELAND MOTORSPORTS LLC

Date Approved

03/13/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MORELAND MOTORSPORTS LLC

Borrower Address

3162 Moreland Ave

Borrower City

Conley

Borrower State

GA

Borrower Zip

30288-1119

Loan Status Date

03/11/2023

Loan Status

Charged Off

Term

34

SBA Guaranty Percentage

100

Initial Approval Amount

298407.00

Current Approval Amount

298407.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conley

Project County Name

DEKALB

Project State

GA

Project Zip

30288-1119

CD

GA-05

Jobs Reported

15

NAICS Code

441120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

298404.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

529652

Originating Lender

Amur Equipment Finance, Inc.

Originating Lender City

Grand Island

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;