PPP Loan information for Race coatings llc

$17,699

Race coatings llc was initially approved for PPP Loan of amount $17,699, the current approved amount is $17,699. The loan was approved on 04/15/2020 by The Security State Bank of Marine reported 3 jobs and $17,699 was used to fund payroll.

Race coatings llc is Existing or more than 2 years old

RACE COATINGS LLC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RACE COATINGS LLC

Borrower Address

24232 GREENWAY AVE

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8783

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17698.70

Current Approval Amount

17698.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38364

Servicing Lender Name

Security State Bank of Marine

Servicing Lender Address

120 Judd St

Servicing Lender City

MARINE ON SAINT CROIX

Servicing Lender State

MN

Servicing Lender Zip

55047-8662

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

CHISAGO

Project State

MN

Project Zip

55025-8783

CD

MN-08

Jobs Reported

3

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17698.70

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

Subchapter S Corporation

Originating Lender Location Id

38364

Originating Lender

Security State Bank of Marine

Originating Lender City

MARINE ON SAINT CROIX

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17828.49

Forgiveness Date

01/07/2021

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