PPP Loan information for Racewerks inc

$40,049

Racewerks inc was initially approved for PPP Loan of amount $40,049, the current approved amount is $40,049. The loan was approved on 04/15/2020 by The Cross River Bank reported 5 jobs and $40,049 was used to fund payroll.

Racewerks inc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BCH / Racewerks inc

RACEWERKS INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RACEWERKS INC

Borrower Address

2445 Castleton Commerce Way Ste 301

Borrower City

VIRGINIA BCH

Borrower State

VA

Borrower Zip

23456

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40049.00

Current Approval Amount

40049.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BCH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23456-0001

CD

VA-02

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40049.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40338.67

Forgiveness Date

01/12/2021

;