PPP Loan information for Racer performance inc

$13,000

Racer performance inc was initially approved for PPP Loan of amount $13,000, the current approved amount is $13,000. The loan was approved on 02/18/2021 by The Starion Bank reported 2 jobs and $13,000 was used to fund payroll.

Racer performance inc is Existing or more than 2 years old

RACER PERFORMANCE INC

Date Approved

02/18/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RACER PERFORMANCE INC

Borrower Address

2507 Railroad Ave

Borrower City

Bismarck

Borrower State

ND

Borrower Zip

58501-5072

Loan Status Date

06/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

13000.00

Current Approval Amount

13000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118060

Servicing Lender Name

Starion Bank

Servicing Lender Address

333 N 4th St

Servicing Lender City

BISMARCK

Servicing Lender State

ND

Servicing Lender Zip

58501-4020

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bismarck

Project County Name

BURLEIGH

Project State

ND

Project Zip

58501-5072

CD

ND-

Jobs Reported

2

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13000.00

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

118060

Originating Lender

Starion Bank

Originating Lender City

BISMARCK

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

13162.77

Forgiveness Date

05/31/2022

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