PPP Loan information for R1 indoor karting llc

$317,765

R1 indoor karting llc was initially approved for PPP Loan of amount $317,765, the current approved amount is $317,765. The loan was approved on 04/14/2020 by The Coastal1 Credit Union reported 55 jobs and $317,765 was used to fund payroll.

R1 indoor karting llc is Existing or more than 2 years old

PPP Loan Search / RI / LINCOLN / R1 indoor karting llc

R1 INDOOR KARTING LLC

Date Approved

04/14/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

R1 INDOOR KARTING LLC

Borrower Address

100 HIGGINSON AVE

Borrower City

LINCOLN

Borrower State

RI

Borrower Zip

02865-2735

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317765.00

Current Approval Amount

317765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104790

Servicing Lender Name

Coastal1 Credit Union

Servicing Lender Address

1200 Central Ave

Servicing Lender City

PAWTUCKET

Servicing Lender State

RI

Servicing Lender Zip

02861-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02865-2735

CD

RI-01

Jobs Reported

55

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

317765.00

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

104790

Originating Lender

Coastal1 Credit Union

Originating Lender City

PAWTUCKET

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320836.73

Forgiveness Date

04/09/2021

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