PPP Loan information for Port city racing, inc.

$727,900

Port city racing, inc. was initially approved for PPP Loan of amount $727,900, the current approved amount is $727,900. The loan was approved on 04/10/2020 by The Comerica Bank reported 64 jobs and $727,900 was used to fund payroll.

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

PPP Loan Search / MI / COOPERSVILLE / Port city racing, inc.

PORT CITY RACING, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PORT CITY RACING, INC.

Borrower Address

540 DANFORTH ST

Borrower City

COOPERSVILLE

Borrower State

MI

Borrower Zip

49404-1209

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

727900.00

Current Approval Amount

727900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COOPERSVILLE

Project County Name

OTTAWA

Project State

MI

Project Zip

49404-1209

CD

MI-02

Jobs Reported

64

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582346.00

Mortgage Interest Proceed

145554.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

733884.96

Forgiveness Date

02/09/2021

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