PPP Loan information for Vandoorn racing development, llc

$44,800

Vandoorn racing development, llc was initially approved for PPP Loan of amount $44,800, the current approved amount is $44,800. The loan was approved on 04/07/2020 by The Lake Michigan CU reported 3 jobs and $44,800 was used to fund payroll.

Vandoorn racing development, llc is Existing or more than 2 years old

VANDOORN RACING DEVELOPMENT, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VANDOORN RACING DEVELOPMENT, LLC

Borrower Address

20 S Maple Island Road

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49442-9412

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44800.00

Current Approval Amount

44800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49442-9412

CD

MI-02

Jobs Reported

3

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44800.00

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

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45138.49

Forgiveness Date

01/14/2021

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