PPP Loan information for Prox powersports, inc.

$328,705

Prox powersports, inc. was initially approved for PPP Loan of amount $328,705, the current approved amount is $328,705. The loan was approved on 04/09/2020 by The United Community Bank reported 25 jobs and $328,705 was used to fund payroll.

Prox powersports, inc. is Existing or more than 2 years old

PROX POWERSPORTS, INC.

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROX POWERSPORTS, INC.

Borrower Address

6101 MOUNTAIN VIEW RD STE. 4

Borrower City

OOLTEWAH

Borrower State

TN

Borrower Zip

37363-5968

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328705.40

Current Approval Amount

328705.40

Undisbursed Amount

0.00

Franchise Name

Polaris - Dealer Agreement

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OOLTEWAH

Project County Name

HAMILTON

Project State

TN

Project Zip

37363-5968

CD

TN-03

Jobs Reported

25

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328705.40

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

331125.04

Forgiveness Date

01/08/2021

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