PPP Loan information for Victory lane motorsports llc

$56,907

Victory lane motorsports llc was initially approved for PPP Loan of amount $56,907, the current approved amount is $56,907. The loan was approved on 01/29/2021 by The Chesapeake Bank reported 6 jobs and $56,907 was used to fund payroll.

Victory lane motorsports llc is Existing or more than 2 years old

PPP Loan Search / VA / Hampton / Victory lane motorsports llc

VICTORY LANE MOTORSPORTS LLC

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

VICTORY LANE MOTORSPORTS LLC

Borrower Address

11 Dale Lemonds Dr

Borrower City

Hampton

Borrower State

VA

Borrower Zip

23666-1595

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56907.00

Current Approval Amount

56907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hampton

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23666-1595

CD

VA-03

Jobs Reported

6

NAICS Code

711212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56905.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57314.83

Forgiveness Date

10/19/2021

;