PPP Loan information for Speedway construction products corp.

$1,220,000

Speedway construction products corp. was initially approved for PPP Loan of amount $1,220,000, the current approved amount is $1,220,000. The loan was approved on 04/05/2020 by The Lake City Bank reported 76 jobs and $1,220,000 was used to fund payroll.

Speedway construction products corp. is Existing or more than 2 years old

SPEEDWAY CONSTRUCTION PRODUCTS CORP.

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SPEEDWAY CONSTRUCTION PRODUCTS CORP.

Borrower Address

4817 INDUSTRIAL RD

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46825-5209

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1220000.00

Current Approval Amount

1220000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46825-5209

CD

IN-03

Jobs Reported

76

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

864000.00

Mortgage Interest Proceed

0.00

Rent Proceed

35000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

314300.00

Debt Interest Proceed

2700

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1228235.00

Forgiveness Date

12/15/2020

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