PPP Loan information for Z1 motorsports inc

$495,600

Z1 motorsports inc was initially approved for PPP Loan of amount $638,300, the current approved amount is $495,600. The loan was approved on 04/07/2020 by The Truist Bank reported 46 jobs and $495,600 was used to fund payroll.

Z1 motorsports inc is Existing or more than 2 years old

PPP Loan Search / GA / CARROLLTON / Z1 motorsports inc

Z1 MOTORSPORTS INC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

Z1 MOTORSPORTS INC

Borrower Address

2877 Carrollton Villa Rica Hwy

Borrower City

CARROLLTON

Borrower State

GA

Borrower Zip

30116-5525

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

638300.00

Current Approval Amount

495599.91

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

CARROLL

Project State

GA

Project Zip

30116-5525

CD

GA-03

Jobs Reported

46

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

495599.91

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

498353.24

Forgiveness Date

11/03/2020

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