PPP Loan information for Motorsports business management, llc

$65,000

Motorsports business management, llc was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/13/2020 by The Readycap Lending, LLC reported 10 jobs and $65,000 was used to fund payroll.

Motorsports business management, llc is Existing or more than 2 years old

PPP Loan Search / NC / Troutman / Motorsports business management, llc

MOTORSPORTS BUSINESS MANAGEMENT, LLC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOTORSPORTS BUSINESS MANAGEMENT, LLC

Borrower Address

156 Painted Bunting Drive

Borrower City

Troutman

Borrower State

NC

Borrower Zip

28166

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troutman

Project County Name

IREDELL

Project State

NC

Project Zip

28166-0001

CD

NC-10

Jobs Reported

10

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65683.84

Forgiveness Date

05/18/2021

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