PPP Loan information for South lake motor sports

$129,401

South lake motor sports was initially approved for PPP Loan of amount $129,401, the current approved amount is $129,401. The loan was approved on 01/21/2021 by The American National Bank and Trust Company reported 34 jobs and $129,401 was used to fund payroll.

South lake motor sports is Existing or more than 2 years old

PPP Loan Search / VA / Union Hall / South lake motor sports

SOUTH LAKE MOTOR SPORTS

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SOUTH LAKE MOTOR SPORTS

Borrower Address

2000 Old Salem School Rd

Borrower City

Union Hall

Borrower State

VA

Borrower Zip

24176-4087

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129400.91

Current Approval Amount

129400.91

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Union Hall

Project County Name

FRANKLIN

Project State

VA

Project Zip

24176-4087

CD

VA-09

Jobs Reported

34

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

129395.91

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

Partnership

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130141.37

Forgiveness Date

08/17/2021

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