PPP Loan information for Racine motorcars, llc

$786,198

Racine motorcars, llc was initially approved for PPP Loan of amount $786,198, the current approved amount is $786,198. The loan was approved on 04/11/2020 by The The First National Bank and Trust Company reported 74 jobs and $786,198 was used to fund payroll.

Racine motorcars, llc is Existing or more than 2 years old

PPP Loan Search / WI / RACINE / Racine motorcars, llc

RACINE MOTORCARS, LLC

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RACINE MOTORCARS, LLC

Borrower Address

9501 WASHINGTON AVE

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53406-3755

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

786197.95

Current Approval Amount

786197.95

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

75631

Servicing Lender Name

The First National Bank and Trust Company

Servicing Lender Address

345 E Grand Ave

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6226

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53406-3755

CD

WI-01

Jobs Reported

74

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

786197.95

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

Limited Liability Company(LLC)

Originating Lender Location Id

75631

Originating Lender

The First National Bank and Trust Company

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

795217.39

Forgiveness Date

06/15/2021

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