PPP Loan information for Motor sports of bowling green, inc

$280,465

Motor sports of bowling green, inc was initially approved for PPP Loan of amount $280,465, the current approved amount is $280,465. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 28 jobs and $280,465 was used to fund payroll.

Motor sports of bowling green, inc is Existing or more than 2 years old

PPP Loan Search / KY / Bowling Green / Motor sports of bowling green, inc

MOTOR SPORTS OF BOWLING GREEN, INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MOTOR SPORTS OF BOWLING GREEN, INC

Borrower Address

251 Cumberland Trace Rd. 0.0

Borrower City

Bowling Green

Borrower State

KY

Borrower Zip

42103-9023

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280465.00

Current Approval Amount

280465.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowling Green

Project County Name

WARREN

Project State

KY

Project Zip

42103-9023

CD

KY-02

Jobs Reported

28

NAICS Code

441228

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14021.00

Payroll Proceed

214374.00

Mortgage Interest Proceed

0.00

Rent Proceed

42070.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283473.14

Forgiveness Date

05/13/2021

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