PPP Loan information for Virginia power motorsports llc

$145,000

Virginia power motorsports llc was initially approved for PPP Loan of amount $145,000, the current approved amount is $145,000. The loan was approved on 04/27/2020 by The Pioneer Bank reported 25 jobs and $145,000 was used to fund payroll.

Virginia power motorsports llc is Existing or more than 2 years old

VIRGINIA POWER MOTORSPORTS LLC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VIRGINIA POWER MOTORSPORTS LLC

Borrower Address

31 COMMERCE DR

Borrower City

RUCKERSVILLE

Borrower State

VA

Borrower Zip

22968-3430

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145000.00

Current Approval Amount

145000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73877

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

252 E Main St

Servicing Lender City

STANLEY

Servicing Lender State

VA

Servicing Lender Zip

22851-4039

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUCKERSVILLE

Project County Name

GREENE

Project State

VA

Project Zip

22968-3430

CD

VA-07

Jobs Reported

25

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

145000.00

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

73877

Originating Lender

Pioneer Bank

Originating Lender City

STANLEY

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

146103.61

Forgiveness Date

02/01/2021

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