PPP Loan information for Racer electric, llc

$20,879

Racer electric, llc was initially approved for PPP Loan of amount $20,879, the current approved amount is $20,879. The loan was approved on 04/09/2020 by The Bank 7 reported 2 jobs and $20,879 was used to fund payroll.

Racer electric, llc is Existing or more than 2 years old

PPP Loan Search / OK / NEWCASTLE / Racer electric, llc

RACER ELECTRIC, LLC

Date Approved

04/09/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

RACER ELECTRIC, LLC

Borrower Address

3167 CASTLE CREEK DR

Borrower City

NEWCASTLE

Borrower State

OK

Borrower Zip

73065-6141

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20879.38

Current Approval Amount

20879.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59062

Servicing Lender Name

Bank 7

Servicing Lender Address

1039 NW 63rd St

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73116-7361

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWCASTLE

Project County Name

MCCLAIN

Project State

OK

Project Zip

73065-6141

CD

OK-04

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20879.38

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

59062

Originating Lender

Bank 7

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20983.78

Forgiveness Date

10/14/2020

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