PPP Loan information for A.d.s. motorsports l.l.c.

$375,000

A.d.s. motorsports l.l.c. was initially approved for PPP Loan of amount $250,000, the current approved amount is $375,000. The loan was approved on 04/14/2020 by The Customers Bank reported 47 jobs and $375,000 was used to fund payroll.

A.d.s. motorsports l.l.c. is Existing or more than 2 years old

PPP Loan Search / UT / Ogden / A.d.s. motorsports l.l.c.

A.D.S. MOTORSPORTS L.L.C.

Date Approved

04/14/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

A.D.S. MOTORSPORTS L.L.C.

Borrower Address

2339 South 1900 West

Borrower City

Ogden

Borrower State

UT

Borrower Zip

84401

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ogden

Project County Name

WEBER

Project State

UT

Project Zip

84401-0100

CD

UT-01

Jobs Reported

47

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

378205.48

Forgiveness Date

03/17/2021

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