Date Approved
04/26/2021
SBA Office Code
0549
Processing Method
PPS
Borrower Name
NORWALK RACEWAY PARK DBA SUMMIT MOTORSPORTS PARK
Borrower Address
1300 State Route 18
Borrower City
Norwalk
Borrower State
OH
Borrower Zip
44857-9548
Loan Status Date
04/20/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
318935.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
58322
Servicing Lender Name
Civista Bank
Servicing Lender Address
100 E Water St
Servicing Lender City
SANDUSKY
Servicing Lender State
Servicing Lender Zip
44870-2524
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HURON
Project State
Project Zip
CD
OH-05
Jobs Reported
9
NAICS Code
711212
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
318932.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
321725.68
Forgiveness Date
03/17/2022