PPP Loan information for On track karting inc

$265,000

On track karting inc was initially approved for PPP Loan of amount $265,000, the current approved amount is $265,000. The loan was approved on 02/04/2021 by The Webster Bank National Association reported 48 jobs and $265,000 was used to fund payroll.

On track karting inc is Existing or more than 2 years old

PPP Loan Search / CT / Wallingford / On track karting inc

ON TRACK KARTING INC

Date Approved

02/04/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

ON TRACK KARTING INC

Borrower Address

984 N Colony Rd

Borrower City

Wallingford

Borrower State

CT

Borrower Zip

06492-1860

Loan Status Date

12/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

265000.00

Current Approval Amount

265000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wallingford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06492-1860

CD

CT-03

Jobs Reported

48

NAICS Code

713990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

264999.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

269559.45

Forgiveness Date

11/01/2022

;