PPP Loan information for Racetrack auto sales inc.

$92,772

Racetrack auto sales inc. was initially approved for PPP Loan of amount $92,772, the current approved amount is $92,772. The loan was approved on 04/13/2020 by The Bank of Ocean City reported 11 jobs and $92,772 was used to fund payroll.

Racetrack auto sales inc. is Existing or more than 2 years old

PPP Loan Search / MD / SHOWELL / Racetrack auto sales inc.

RACETRACK AUTO SALES INC.

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RACETRACK AUTO SALES INC.

Borrower Address

11740 WORCESTER HWY

Borrower City

SHOWELL

Borrower State

MD

Borrower Zip

21862-1103

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92772.00

Current Approval Amount

92772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHOWELL

Project County Name

WORCESTER

Project State

MD

Project Zip

21862-1103

CD

MD-01

Jobs Reported

11

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92772.00

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

Subchapter S Corporation

Originating Lender Location Id

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93516.72

Forgiveness Date

02/02/2021

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