PPP Loan information for Raceway automotive, inc

$108,900

Raceway automotive, inc was initially approved for PPP Loan of amount $108,900, the current approved amount is $108,900. The loan was approved on 04/10/2020 by The First Palmetto Bank reported 36 jobs and $108,900 was used to fund payroll.

Raceway automotive, inc is Existing or more than 2 years old

PPP Loan Search / SC / DARLINGTON / Raceway automotive, inc

RACEWAY AUTOMOTIVE, INC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RACEWAY AUTOMOTIVE, INC

Borrower Address

PO Box 531

Borrower City

DARLINGTON

Borrower State

SC

Borrower Zip

29540

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108900.00

Current Approval Amount

108900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DARLINGTON

Project County Name

DARLINGTON

Project State

SC

Project Zip

29540-0001

CD

SC-07

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

90000.00

Mortgage Interest Proceed

13900.00

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109831.70

Forgiveness Date

03/03/2021

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