Date Approved
04/10/2020
SBA Office Code
0464
Processing Method
PPP
Borrower Name
RACEWAY AUTOMOTIVE OF HARTSVILLE, INC.
Borrower Address
PO Box 820
Borrower City
HARTSVILLE
Borrower State
SC
Borrower Zip
29550
Loan Status Date
04/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
379700.00
Current Approval Amount
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
Servicing Lender Zip
29020-4437
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DARLINGTON
Project State
Project Zip
29550-0100
CD
SC-07
Jobs Reported
66
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
20000.00
Payroll Proceed
320000.00
Mortgage Interest Proceed
39700.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
382948.54
Forgiveness Date
03/03/2021