PPP Loan information for Rommel motorsports delaware, inc.

$568,200

Rommel motorsports delaware, inc. was initially approved for PPP Loan of amount $568,200, the current approved amount is $568,200. The loan was approved on 04/14/2020 by The Customers Bank reported 51 jobs and $568,200 was used to fund payroll.

Rommel motorsports delaware, inc. is Existing or more than 2 years old

ROMMEL MOTORSPORTS DELAWARE, INC.

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

ROMMEL MOTORSPORTS DELAWARE, INC.

Borrower Address

450 Stadium Street

Borrower City

Smyrna

Borrower State

DE

Borrower Zip

19977

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

568200.00

Current Approval Amount

568200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smyrna

Project County Name

KENT

Project State

DE

Project Zip

19977-0001

CD

DE-

Jobs Reported

51

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

568200.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

573274.88

Forgiveness Date

03/31/2021

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