PPP Loan information for New jersey motorsports park

$521,200

New jersey motorsports park was initially approved for PPP Loan of amount $521,200, the current approved amount is $521,200. The loan was approved on 02/08/2021 by The Peoples Security Bank and Trust Company reported 175 jobs and $521,200 was used to fund payroll.

New jersey motorsports park is Existing or more than 2 years old

PPP Loan Search / NJ / Millville / New jersey motorsports park

NEW JERSEY MOTORSPORTS PARK

Date Approved

02/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEW JERSEY MOTORSPORTS PARK

Borrower Address

47 Warbird Dr

Borrower City

Millville

Borrower State

NJ

Borrower Zip

08332-8000

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

521200.00

Current Approval Amount

521200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millville

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08332-8000

CD

NJ-02

Jobs Reported

175

NAICS Code

711212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

521197.00

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

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

525977.67

Forgiveness Date

01/06/2022

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