Date Approved
04/15/2020
SBA Office Code
0491
Processing Method
PPP
Borrower Name
RACERS EDGE MOTORSPORTS, INC.
Borrower Address
1234 Heron Point Way
Borrower City
DELAND
Borrower State
FL
Borrower Zip
32724-7351
Loan Status Date
04/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
61771.90
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
94442
Servicing Lender Name
Launch CU
Servicing Lender Address
300 S Plumosa St
Servicing Lender City
MERRITT ISLAND
Servicing Lender State
Servicing Lender Zip
32952-3526
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
VOLUSIA
Project State
Project Zip
CD
FL-06
Jobs Reported
5
NAICS Code
711219
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
62353.59
Forgiveness Date
03/25/2021