PPP Loan information for Smiley's racing products, inc

$222,500

Smiley's racing products, inc was initially approved for PPP Loan of amount $222,500, the current approved amount is $222,500. The loan was approved on 04/03/2020 by The Citizens National Bank of Texas reported 24 jobs and $222,500 was used to fund payroll.

Smiley's racing products, inc is Existing or more than 2 years old

SMILEY'S RACING PRODUCTS, INC

Date Approved

04/03/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SMILEY'S RACING PRODUCTS, INC

Borrower Address

103 GROSS RD, BLDG A

Borrower City

MESQUITE

Borrower State

TX

Borrower Zip

75149-3113

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222500.00

Current Approval Amount

222500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72088

Servicing Lender Name

Citizens National Bank of Texas

Servicing Lender Address

200 N Elm St

Servicing Lender City

Waxahachie

Servicing Lender State

TX

Servicing Lender Zip

75165-3614

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MESQUITE

Project County Name

DALLAS

Project State

TX

Project Zip

75149-3113

CD

TX-05

Jobs Reported

24

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

222500.00

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

72088

Originating Lender

Citizens National Bank of Texas

Originating Lender City

Waxahachie

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

223767.01

Forgiveness Date

11/05/2020

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