PPP Loan information for Motorsports of albuquerque llc

$720,809

Motorsports of albuquerque llc was initially approved for PPP Loan of amount $720,809, the current approved amount is $720,809. The loan was approved on 02/25/2021 by The Sanibel Captiva Community Bank reported 41 jobs and $720,809 was used to fund payroll.

Motorsports of albuquerque llc is Existing or more than 2 years old

MOTORSPORTS OF ALBUQUERQUE LLC

Date Approved

02/25/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MOTORSPORTS OF ALBUQUERQUE LLC

Borrower Address

9510 Thunder Rd

Borrower City

Fort Myers

Borrower State

FL

Borrower Zip

33913-8490

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

720809.00

Current Approval Amount

720809.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317474

Servicing Lender Name

Sanibel Captiva Community Bank

Servicing Lender Address

2475 Library Way

Servicing Lender City

SANIBEL

Servicing Lender State

FL

Servicing Lender Zip

33957-3215

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fort Myers

Project County Name

LEE

Project State

FL

Project Zip

33913-8490

CD

FL-19

Jobs Reported

41

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

720809.00

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

317474

Originating Lender

Sanibel Captiva Community Bank

Originating Lender City

SANIBEL

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

723371.88

Forgiveness Date

07/07/2021

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