PPP Loan information for Racer management llc

$334,762

Racer management llc was initially approved for PPP Loan of amount $334,762, the current approved amount is $334,762. The loan was approved on 04/15/2020 by The MVB Bank, Inc. reported 28 jobs and $334,762 was used to fund payroll.

Racer management llc is Existing or more than 2 years old

PPP Loan Search / WV / MORGANTOWN / Racer management llc

RACER MANAGEMENT LLC

Date Approved

04/15/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

RACER MANAGEMENT LLC

Borrower Address

122 Vista Del Rio Drive

Borrower City

MORGANTOWN

Borrower State

WV

Borrower Zip

26508

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334762.00

Current Approval Amount

334762.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORGANTOWN

Project County Name

MONONGALIA

Project State

WV

Project Zip

26508-0001

CD

WV-02

Jobs Reported

28

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

334762.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

338379.29

Forgiveness Date

05/17/2021

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