PPP Loan information for Redline performance motorsports

$47,000

Redline performance motorsports was initially approved for PPP Loan of amount $47,000, the current approved amount is $47,000. The loan was approved on 01/31/2021 by The TowneBank reported 7 jobs and $47,000 was used to fund payroll.

Redline performance motorsports is Existing or more than 2 years old

PPP Loan Search / VA / Yorktown / Redline performance motorsports

REDLINE PERFORMANCE MOTORSPORTS

Date Approved

01/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

REDLINE PERFORMANCE MOTORSPORTS

Borrower Address

7331 George Washington Mem Hwy

Borrower City

Yorktown

Borrower State

VA

Borrower Zip

23692-4846

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47000.00

Current Approval Amount

47000.00

Undisbursed Amount

0.00

Franchise Name

Ducati North America - Authorized Dealer Agreement

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yorktown

Project County Name

YORK

Project State

VA

Project Zip

23692-4846

CD

VA-01

Jobs Reported

7

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

46999.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47228.47

Forgiveness Date

08/03/2021

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