PPP Loan information for Speed shop motorsports

$25,700

Speed shop motorsports was initially approved for PPP Loan of amount $25,700, the current approved amount is $25,700. The loan was approved on 04/15/2020 by The The Farmers Bank, Frankfort, Indiana reported 5 jobs and $25,700 was used to fund payroll.

Speed shop motorsports is Existing or more than 2 years old

PPP Loan Search / IN / MICHIGANTOWN / Speed shop motorsports

SPEED SHOP MOTORSPORTS

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SPEED SHOP MOTORSPORTS

Borrower Address

970 N State Rd 29

Borrower City

MICHIGANTOWN

Borrower State

IN

Borrower Zip

46057

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25700.00

Current Approval Amount

25700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23150

Servicing Lender Name

The Farmers Bank, Frankfort, Indiana

Servicing Lender Address

9 E Clinton St

Servicing Lender City

FRANKFORT

Servicing Lender State

IN

Servicing Lender Zip

46041-1902

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MICHIGANTOWN

Project County Name

CLINTON

Project State

IN

Project Zip

46057-0001

CD

IN-04

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25700.00

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

23150

Originating Lender

The Farmers Bank, Frankfort, Indiana

Originating Lender City

FRANKFORT

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20822.50

Forgiveness Date

11/25/2020

;