PPP Loan information for Stonehams motorsports inc.

$115,000

Stonehams motorsports inc. was initially approved for PPP Loan of amount $115,000, the current approved amount is $115,000. The loan was approved on 02/03/2021 by The Summit Community Bank, Inc. reported 16 jobs and $115,000 was used to fund payroll.

Stonehams motorsports inc. is Existing or more than 2 years old

STONEHAMS MOTORSPORTS INC.

Date Approved

02/03/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

STONEHAMS MOTORSPORTS INC.

Borrower Address

5890 Buchanan Trl E

Borrower City

Waynesboro

Borrower State

PA

Borrower Zip

17268-9572

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115000.00

Current Approval Amount

115000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waynesboro

Project County Name

FRANKLIN

Project State

PA

Project Zip

17268-9572

CD

PA-13

Jobs Reported

16

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114998.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115402.50

Forgiveness Date

06/15/2021

;