Date Approved
05/08/2020
SBA Office Code
0883
Processing Method
PPP
Borrower Name
MOTOR SPORTS LAND, INC.
Borrower Address
4001 State Street
Borrower City
SALT LAKE CITY
Borrower State
UT
Borrower Zip
84107-1510
Loan Status Date
08/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
780000.00
Current Approval Amount
738355.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
524612
Servicing Lender Name
Fountainhead SBF LLC
Servicing Lender Address
3216 W. Lake Mary Blvd
Servicing Lender City
LAKE MARY
Servicing Lender State
FL
Servicing Lender Zip
32746
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
MILLCREEK
Project County Name
SALT LAKE
Project State
Project Zip
84107-0001
CD
UT-04
Jobs Reported
54
NAICS Code
441210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
746353.85
Forgiveness Date
07/12/2021