PPP Loan information for M.p.t. racing inc.

$12,000

M.p.t. racing inc. was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 02/03/2021 by The Fulton Bank, National Association reported 3 jobs and $12,000 was used to fund payroll.

M.p.t. racing inc. is Existing or more than 2 years old

M.P.T. RACING INC.

Date Approved

02/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

M.P.T. RACING INC.

Borrower Address

85 Franklin Rd

Borrower City

Dover

Borrower State

NJ

Borrower Zip

07801-5632

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dover

Project County Name

MORRIS

Project State

NJ

Project Zip

07801-5632

CD

NJ-11

Jobs Reported

3

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12000.00

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

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12075.95

Forgiveness Date

09/24/2021

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