PPP Loan information for Motorsport automotive llc

$43,000

Motorsport automotive llc was initially approved for PPP Loan of amount $43,000, the current approved amount is $43,000. The loan was approved on 03/18/2021 by The Middlesex Federal Savings, F.A. reported 8 jobs and $43,000 was used to fund payroll.

Motorsport automotive llc is Existing or more than 2 years old

PPP Loan Search / SC / Union / Motorsport automotive llc

MOTORSPORT AUTOMOTIVE LLC

Date Approved

03/18/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MOTORSPORT AUTOMOTIVE LLC

Borrower Address

101 Harwood Hts

Borrower City

Union

Borrower State

SC

Borrower Zip

29379-1566

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43000.00

Current Approval Amount

43000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79224

Servicing Lender Name

Middlesex Federal Savings, F.A.

Servicing Lender Address

One College Ave

Servicing Lender City

SOMERVILLE

Servicing Lender State

MA

Servicing Lender Zip

02144-1961

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Union

Project County Name

UNION

Project State

SC

Project Zip

29379-1566

CD

SC-05

Jobs Reported

8

NAICS Code

441120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42997.00

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

79224

Originating Lender

Middlesex Federal Savings, F.A.

Originating Lender City

SOMERVILLE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43140.94

Forgiveness Date

07/21/2021

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