PPP Loan information for Racing reality inc

$89,462

Racing reality inc was initially approved for PPP Loan of amount $89,462, the current approved amount is $89,462. The loan was approved on 02/16/2021 by The Needham Bank reported 20 jobs and $89,462 was used to fund payroll.

Racing reality inc is Existing or more than 2 years old

RACING REALITY INC

Date Approved

02/16/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

RACING REALITY INC

Borrower Address

65 Patterson Ave

Borrower City

Pawtucket

Borrower State

RI

Borrower Zip

02860-6081

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89461.52

Current Approval Amount

89461.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pawtucket

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02860-6081

CD

RI-01

Jobs Reported

20

NAICS Code

611620

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89456.52

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89836.76

Forgiveness Date

08/13/2021

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