PPP Loan information for Suncoast motorsports group, inc

$1,963,747

Suncoast motorsports group, inc was initially approved for PPP Loan of amount $1,963,747, the current approved amount is $1,963,747. The loan was approved on 04/11/2020 by The Ally Bank reported 191 jobs and $1,963,747 was used to fund payroll.

Suncoast motorsports group, inc is Existing or more than 2 years old

PPP Loan Search / FL / SARASOTA / Suncoast motorsports group, inc

SUNCOAST MOTORSPORTS GROUP, INC

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SUNCOAST MOTORSPORTS GROUP, INC

Borrower Address

5005 S TAMIAMI TRL

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34231-4255

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1963747.00

Current Approval Amount

1963747.00

Undisbursed Amount

0.00

Franchise Name

Porsche Dealer Sales and Service Agreement

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34231-4255

CD

FL-17

Jobs Reported

191

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1963747.00

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

Subchapter S Corporation

Originating Lender Location Id

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1982620.79

Forgiveness Date

03/31/2021

;