PPP Loan information for Speedway motors inc

$149,950

Speedway motors inc was initially approved for PPP Loan of amount $149,950, the current approved amount is $149,950. The loan was approved on 01/26/2021 by The Regions Bank reported 9 jobs and $149,950 was used to fund payroll.

Speedway motors inc is Existing or more than 2 years old

SPEEDWAY MOTORS INC

Date Approved

01/26/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SPEEDWAY MOTORS INC

Borrower Address

103 SE Broad St

Borrower City

Murfreesboro

Borrower State

TN

Borrower Zip

37130-4228

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149950.00

Current Approval Amount

149950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Murfreesboro

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37130-4228

CD

TN-04

Jobs Reported

9

NAICS Code

441120

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149950.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151901.40

Forgiveness Date

05/24/2022

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