PPP Loan information for Palmetto academy for learning motorsports

$241,730

Palmetto academy for learning motorsports was initially approved for PPP Loan of amount $241,730, the current approved amount is $241,730. The loan was approved on 04/15/2020 by The SouthState Bank, National Association reported 26 jobs and $241,730 was used to fund payroll.

Palmetto academy for learning motorsports is Existing or more than 2 years old

PALMETTO ACADEMY FOR LEARNING MOTORSPORTS

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PALMETTO ACADEMY FOR LEARNING MOTORSPORTS

Borrower Address

826 W. COX FERRY RD

Borrower City

CONWAY

Borrower State

SC

Borrower Zip

29526-8510

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241730.00

Current Approval Amount

241730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONWAY

Project County Name

HORRY

Project State

SC

Project Zip

29526-8510

CD

SC-07

Jobs Reported

26

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

241730.00

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

Non-Profit Organization

Originating Lender Location Id

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

244543.47

Forgiveness Date

06/24/2021

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