PPP Loan information for Premium motorsports, llc

$313,900

Premium motorsports, llc was initially approved for PPP Loan of amount $576,400, the current approved amount is $313,900. The loan was approved on 04/04/2020 by The United Community Bank reported 46 jobs and $313,900 was used to fund payroll.

Premium motorsports, llc is Existing or more than 2 years old

PPP Loan Search / NC / MOORESVILLE / Premium motorsports, llc

PREMIUM MOTORSPORTS, LLC

Date Approved

04/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PREMIUM MOTORSPORTS, LLC

Borrower Address

222 RACEWAY DR

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28117-6510

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

576400.00

Current Approval Amount

313900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28117-6510

CD

NC-10

Jobs Reported

46

NAICS Code

711219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

313900.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293654.79

Forgiveness Date

07/22/2021

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