PPP Loan information for Racers foundation

$28,015

Racers foundation was initially approved for PPP Loan of amount $28,015, the current approved amount is $28,015. The loan was approved on 02/05/2021 by The Premier Bank reported 2 jobs and $28,015 was used to fund payroll.

Racers foundation is Existing or more than 2 years old

RACERS FOUNDATION

Date Approved

02/05/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

RACERS FOUNDATION

Borrower Address

1575 Firestone Pkwy

Borrower City

Akron

Borrower State

OH

Borrower Zip

44301-1645

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28015.35

Current Approval Amount

28015.35

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

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44301-1645

CD

OH-13

Jobs Reported

2

NAICS Code

711211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28014.35

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

28174.11

Forgiveness Date

09/07/2021

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