PPP Loan information for Summit motor sports inc

$169,200

Summit motor sports inc was initially approved for PPP Loan of amount $169,200, the current approved amount is $169,200. The loan was approved on 04/05/2020 by The Glacier Bank reported 10 jobs and $169,200 was used to fund payroll.

Summit motor sports inc is Existing or more than 2 years old

PPP Loan Search / MT / BOZEMAN / Summit motor sports inc

SUMMIT MOTOR SPORTS INC

Date Approved

04/05/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

SUMMIT MOTOR SPORTS INC

Borrower Address

25 Homestake Dr

Borrower City

BOZEMAN

Borrower State

MT

Borrower Zip

59718-5960

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

169200.00

Current Approval Amount

169200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOZEMAN

Project County Name

GALLATIN

Project State

MT

Project Zip

59718-5960

CD

MT-01

Jobs Reported

10

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9200.00

Payroll Proceed

135000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

170400.62

Forgiveness Date

12/30/2020

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