PPP Loan information for Ox racing, inc.

$74,900

Ox racing, inc. was initially approved for PPP Loan of amount $74,900, the current approved amount is $74,900. The loan was approved on 04/07/2020 by The State Bank of Davis reported 6 jobs and $74,900 was used to fund payroll.

Ox racing, inc. is Existing or more than 2 years old

OX RACING, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OX RACING, INC.

Borrower Address

5247 AMERICAN RD

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-6312

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74900.00

Current Approval Amount

74900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21176

Servicing Lender Name

State Bank of Davis

Servicing Lender Address

100 Rte 75

Servicing Lender City

DAVIS

Servicing Lender State

IL

Servicing Lender Zip

61019

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-6312

CD

IL-17

Jobs Reported

6

NAICS Code

532120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

9362.50

Payroll Proceed

56175.00

Mortgage Interest Proceed

9362.50

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

21176

Originating Lender

State Bank of Davis

Originating Lender City

DAVIS

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

75351.48

Forgiveness Date

11/23/2020

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