PPP Loan information for V12 motorsports of indian trail

$47,927

V12 motorsports of indian trail was initially approved for PPP Loan of amount $47,927, the current approved amount is $47,927. The loan was approved on 05/02/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $47,927 was used to fund payroll.

V12 motorsports of indian trail is Existing or more than 2 years old

PPP Loan Search / NC / INDIAN TRAIL / V12 motorsports of indian trail

V12 MOTORSPORTS OF INDIAN TRAIL

Date Approved

05/02/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

V12 MOTORSPORTS OF INDIAN TRAIL

Borrower Address

301 UNIONVILLE INDIAN TRAIL RD

Borrower City

INDIAN TRAIL

Borrower State

NC

Borrower Zip

28079

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47927.00

Current Approval Amount

47927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDIAN TRAIL

Project County Name

UNION

Project State

NC

Project Zip

28079-0001

CD

NC-08

Jobs Reported

4

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47927.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48349.81

Forgiveness Date

03/26/2021

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