PPP Loan information for Racer & vo gourmet coffees inc

$89,126

Racer & vo gourmet coffees inc was initially approved for PPP Loan of amount $89,125, the current approved amount is $89,126. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 45 jobs and $89,126 was used to fund payroll.

Racer & vo gourmet coffees inc is New Business or 2 years or less

PPP Loan Search / MI / AUBURN HILLS / Racer & vo gourmet coffees inc

RACER & VO GOURMET COFFEES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RACER & VO GOURMET COFFEES INC

Borrower Address

4252 BALDWIN RD STE 606

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89125.00

Current Approval Amount

89126.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-0899

CD

MI-11

Jobs Reported

45

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89126.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89873.19

Forgiveness Date

03/10/2021

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