PPP Loan information for Jet motorsports inc

$92,752

Jet motorsports inc was initially approved for PPP Loan of amount $92,752, the current approved amount is $92,752. The loan was approved on 04/13/2020 by The Heritage Bank reported 7 jobs and $92,752 was used to fund payroll.

Jet motorsports inc is Existing or more than 2 years old

JET MOTORSPORTS INC

Date Approved

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

JET MOTORSPORTS INC

Borrower Address

17713 SW Lower Boones Ferry Road

Borrower City

LAKE OSWEGO

Borrower State

OR

Borrower Zip

97035-5258

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92752.00

Current Approval Amount

92752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

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

97035-5258

CD

OR-05

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92752.00

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

Corporation

Originating Lender Location Id

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93626.16

Forgiveness Date

03/31/2021

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