PPP Loan information for Rai motorsports

$32,417

Rai motorsports was initially approved for PPP Loan of amount $32,417, the current approved amount is $32,417. The loan was approved on 04/02/2021 by The 1st Financial Bank USA reported 2 jobs and $32,417 was used to fund payroll.

Rai motorsports is Existing or more than 2 years old

PPP Loan Search / MD / Dundalk / Rai motorsports

RAI MOTORSPORTS

Date Approved

04/02/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RAI MOTORSPORTS

Borrower Address

3916 North Point Rd

Borrower City

Dundalk

Borrower State

MD

Borrower Zip

21222-2808

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32417.00

Current Approval Amount

32417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66497

Servicing Lender Name

1st Financial Bank USA

Servicing Lender Address

331 Dakota Dunes Blvd

Servicing Lender City

DAKOTA DUNES

Servicing Lender State

SD

Servicing Lender Zip

57049-5176

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dundalk

Project County Name

BALTIMORE

Project State

MD

Project Zip

21222-2808

CD

MD-07

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32417.00

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

Subchapter S Corporation

Originating Lender Location Id

66497

Originating Lender

1st Financial Bank USA

Originating Lender City

DAKOTA DUNES

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32549.33

Forgiveness Date

09/07/2021

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