PPP Loan information for Redline motosports inc

$102,887

Redline motosports inc was initially approved for PPP Loan of amount $102,887, the current approved amount is $102,887. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 17 jobs and $102,887 was used to fund payroll.

Redline motosports inc is New Business or 2 years or less

PPP Loan Search / SC / LEXINGTON / Redline motosports inc

REDLINE MOTOSPORTS INC

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

REDLINE MOTOSPORTS INC

Borrower Address

138 BEEKEEPER CT

Borrower City

LEXINGTON

Borrower State

SC

Borrower Zip

29072-9423

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102887.00

Current Approval Amount

102887.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEXINGTON

Project County Name

LEXINGTON

Project State

SC

Project Zip

29072-9423

CD

SC-02

Jobs Reported

17

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102887.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103602.98

Forgiveness Date

01/14/2021

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