PPP Loan information for Racers edge motorsports inc.

$61,772

Racers edge motorsports inc. was initially approved for PPP Loan of amount $61,772, the current approved amount is $61,772. The loan was approved on 01/30/2021 by The Launch CU reported 6 jobs and $61,772 was used to fund payroll.

Racers edge motorsports inc. is Existing or more than 2 years old

PPP Loan Search / FL / Deland / Racers edge motorsports inc.

RACERS EDGE MOTORSPORTS INC.

Date Approved

01/30/2021

SBA Office Code

0491

Processing Method

PPS

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

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61771.90

Current Approval Amount

61771.90

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

FL

Servicing Lender Zip

32952-3526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Deland

Project County Name

VOLUSIA

Project State

FL

Project Zip

32724-7351

CD

FL-06

Jobs Reported

6

NAICS Code

711219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61770.90

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

94442

Originating Lender

Launch CU

Originating Lender City

MERRITT ISLAND

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62262.64

Forgiveness Date

11/17/2021

;