PPP Loan information for Sharp's motorsports, nc.

$172,900

Sharp's motorsports, nc. was initially approved for PPP Loan of amount $172,900, the current approved amount is $172,900. The loan was approved on 04/08/2020 by The First United Bank reported 13 jobs and $172,900 was used to fund payroll.

Sharp's motorsports, nc. is Existing or more than 2 years old

SHARP'S MOTORSPORTS, NC.

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

SHARP'S MOTORSPORTS, NC.

Borrower Address

4413 I-40 E

Borrower City

AMARILLO

Borrower State

TX

Borrower Zip

79104

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172900.00

Current Approval Amount

172900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69778

Servicing Lender Name

First United Bank

Servicing Lender Address

201 N Broadway

Servicing Lender City

DIMMITT

Servicing Lender State

TX

Servicing Lender Zip

79027-1823

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMARILLO

Project County Name

POTTER

Project State

TX

Project Zip

79104-1000

CD

TX-13

Jobs Reported

13

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21612.50

Payroll Proceed

129675.00

Mortgage Interest Proceed

0.00

Rent Proceed

21612.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

69778

Originating Lender

First United Bank

Originating Lender City

DIMMITT

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174105.50

Forgiveness Date

12/22/2020

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