PPP Loan information for Parella motorsport holdings, llc

$149,600

Parella motorsport holdings, llc was initially approved for PPP Loan of amount $149,600, the current approved amount is $149,600. The loan was approved on 04/30/2020 by The Prosperity Bank reported 9 jobs and $149,600 was used to fund payroll.

Parella motorsport holdings, llc is Existing or more than 2 years old

PPP Loan Search / TX / PLANO / Parella motorsport holdings, llc

PARELLA MOTORSPORT HOLDINGS, LLC

Date Approved

04/30/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PARELLA MOTORSPORT HOLDINGS, LLC

Borrower Address

5201 w PARK BLVD

Borrower City

PLANO

Borrower State

TX

Borrower Zip

75093-2542

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149600.00

Current Approval Amount

149600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLANO

Project County Name

COLLIN

Project State

TX

Project Zip

75093-2542

CD

TX-03

Jobs Reported

9

NAICS Code

711219

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150583.67

Forgiveness Date

01/07/2021

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