PPP Loan information for Racepro inc

$33,400

Racepro inc was initially approved for PPP Loan of amount $33,400, the current approved amount is $33,400. The loan was approved on 04/28/2020 by The First Bank reported 4 jobs and $33,400 was used to fund payroll.

Racepro inc is Existing or more than 2 years old

RACEPRO INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RACEPRO INC

Borrower Address

9201 Old Concord Rd

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28146

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33400.00

Current Approval Amount

33400.00

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

28146-0001

CD

NC-08

Jobs Reported

4

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33400.00

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

33648.64

Forgiveness Date

01/28/2021

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