PPP Loan information for Racepro inc.

$37,700

Racepro inc. was initially approved for PPP Loan of amount $37,700, the current approved amount is $37,700. The loan was approved on 02/05/2021 by The First Bank reported 4 jobs and $37,700 was used to fund payroll.

Racepro inc. is Existing or more than 2 years old

PPP Loan Search / NC / Salisbury / Racepro inc.

RACEPRO INC.

Date Approved

02/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RACEPRO INC.

Borrower Address

9201 Old Concord Rd

Borrower City

Salisbury

Borrower State

NC

Borrower Zip

28146-1185

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37700.00

Current Approval Amount

37700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ROWAN

Project State

NC

Project Zip

28146-1185

CD

NC-08

Jobs Reported

4

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

37697.00

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

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37907.35

Forgiveness Date

08/30/2021

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