PPP Loan information for Racer transport inc

$339,600

Racer transport inc was initially approved for PPP Loan of amount $339,600, the current approved amount is $339,600. The loan was approved on 04/06/2021 by The Security Bank and Trust Company reported 39 jobs and $339,600 was used to fund payroll.

Racer transport inc is Existing or more than 2 years old

PPP Loan Search / GA / Powder Springs / Racer transport inc

RACER TRANSPORT INC

Date Approved

04/06/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

RACER TRANSPORT INC

Borrower Address

3721 New Macland Rd

Borrower City

Powder Springs

Borrower State

GA

Borrower Zip

30127-2000

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

339600.00

Current Approval Amount

339600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66905

Servicing Lender Name

Security Bank and Trust Company

Servicing Lender Address

210 W Washington St

Servicing Lender City

PARIS

Servicing Lender State

TN

Servicing Lender Zip

38242-4013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Powder Springs

Project County Name

COBB

Project State

GA

Project Zip

30127-2000

CD

GA-14

Jobs Reported

39

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

339598.00

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

Subchapter S Corporation

Originating Lender Location Id

66905

Originating Lender

Security Bank and Trust Company

Originating Lender City

PARIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

342033.80

Forgiveness Date

12/22/2021

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