PPP Loan information for Nortex motorsports, inc.

$409,900

Nortex motorsports, inc. was initially approved for PPP Loan of amount $409,900, the current approved amount is $409,900. The loan was approved on 04/06/2020 by The First United Bank and Trust Company reported 35 jobs and $409,900 was used to fund payroll.

Nortex motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / TX / DENTON / Nortex motorsports, inc.

NORTEX MOTORSPORTS, INC.

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

NORTEX MOTORSPORTS, INC.

Borrower Address

521 ACME ST

Borrower City

DENTON

Borrower State

TX

Borrower Zip

76205-5801

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409900.00

Current Approval Amount

409900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENTON

Project County Name

DENTON

Project State

TX

Project Zip

76205-5801

CD

TX-13

Jobs Reported

35

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307425.00

Mortgage Interest Proceed

0.00

Rent Proceed

102475.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

413796.86

Forgiveness Date

03/31/2021

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