PPP Loan information for Insomnia motorsports inc.

$28,000

Insomnia motorsports inc. was initially approved for PPP Loan of amount $28,000, the current approved amount is $28,000. The loan was approved on 02/19/2021 by The Cross River Bank reported 3 jobs and $28,000 was used to fund payroll.

Insomnia motorsports inc. is Existing or more than 2 years old

PPP Loan Search / NC / Holly Springs / Insomnia motorsports inc.

INSOMNIA MOTORSPORTS INC.

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

INSOMNIA MOTORSPORTS INC.

Borrower Address

220 Tullich Way

Borrower City

Holly Springs

Borrower State

NC

Borrower Zip

27540-7909

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28000.00

Current Approval Amount

28000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holly Springs

Project County Name

WAKE

Project State

NC

Project Zip

27540-7909

CD

NC-13

Jobs Reported

3

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

27998.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28335.23

Forgiveness Date

05/09/2022

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