PPP Loan information for Adrenaline racing inc

$107,600

Adrenaline racing inc was initially approved for PPP Loan of amount $107,600, the current approved amount is $107,600. The loan was approved on 04/07/2020 by The Centerstone SBA Lending, Inc. reported 11 jobs and $107,600 was used to fund payroll.

Adrenaline racing inc is Existing or more than 2 years old

PPP Loan Search / OR / LAKE OSWEGO / Adrenaline racing inc

ADRENALINE RACING INC

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ADRENALINE RACING INC

Borrower Address

16088 BOONES FERRY RD., SUITE A

Borrower City

LAKE OSWEGO

Borrower State

OR

Borrower Zip

97035-4304

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107600.00

Current Approval Amount

107600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

507815

Servicing Lender Name

Centerstone SBA Lending, Inc.

Servicing Lender Address

700 S Flower Street Suite 850

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90017

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE OSWEGO

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97035-4304

CD

OR-05

Jobs Reported

11

NAICS Code

811111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5380.00

Payroll Proceed

80700.00

Mortgage Interest Proceed

0.00

Rent Proceed

21520.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

507815

Originating Lender

Centerstone SBA Lending, Inc.

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108622.94

Forgiveness Date

04/21/2021

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