PPP Loan information for Stoneham's motorsports, inc.

$115,000

Stoneham's motorsports, inc. was initially approved for PPP Loan of amount $115,000, the current approved amount is $115,000. The loan was approved on 04/08/2020 by The Summit Community Bank, Inc. reported 14 jobs and $115,000 was used to fund payroll.

Stoneham's motorsports, inc. is Existing or more than 2 years old

PPP Loan Search / PA / WAYNESBORO / Stoneham's motorsports, inc.

STONEHAM'S MOTORSPORTS, INC.

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

STONEHAM'S MOTORSPORTS, INC.

Borrower Address

5890 BUCHANAN TRL

Borrower City

WAYNESBORO

Borrower State

PA

Borrower Zip

17268-9572

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

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

14

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

92000.00

Mortgage Interest Proceed

20000.00

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

105586.25

Forgiveness Date

11/03/2020

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