PPP Loan information for Racers foundation

$28,000

Racers foundation was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 04/29/2020 by The Premier Bank reported 3 jobs and $28,000 was used to fund payroll.

Racers foundation is New Business or 2 years or less

PPP Loan Search / OH / Akron / Racers foundation

RACERS FOUNDATION

Date Approved

04/29/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RACERS FOUNDATION

Borrower Address

1575 Firestone Parkway

Borrower City

Akron

Borrower State

OH

Borrower Zip

44301-1645

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44301-1645

CD

OH-13

Jobs Reported

3

NAICS Code

711211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28000.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28271.44

Forgiveness Date

04/22/2021

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