PPP Loan information for Precision motorsports llc

$41,939

Precision motorsports llc was initially approved for PPP Loan of amount $41,939, the current approved amount is $41,939. The loan was approved on 02/24/2021 by The Unity Bank reported 5 jobs and $41,939 was used to fund payroll.

Precision motorsports llc is Existing or more than 2 years old

PPP Loan Search / NJ / Metuchen / Precision motorsports llc

PRECISION MOTORSPORTS LLC

Date Approved

02/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PRECISION MOTORSPORTS LLC

Borrower Address

330 Lake Ave

Borrower City

Metuchen

Borrower State

NJ

Borrower Zip

08840-1805

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41938.67

Current Approval Amount

41938.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metuchen

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08840-1805

CD

NJ-06

Jobs Reported

5

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41932.67

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42162.34

Forgiveness Date

09/15/2021

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