PPP Loan information for Jtg racing, llc

$1,550,172

Jtg racing, llc was initially approved for PPP Loan of amount $1,550,172, the current approved amount is $1,550,172. The loan was approved on 04/10/2020 by The Uwharrie Bank reported 88 jobs and $1,550,172 was used to fund payroll.

Jtg racing, llc is New Business or 2 years or less

PPP Loan Search / NC / HARRISBURG / Jtg racing, llc

JTG RACING, LLC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

JTG RACING, LLC

Borrower Address

7201 CALDWELL RD

Borrower City

HARRISBURG

Borrower State

NC

Borrower Zip

28075-7480

Loan Status Date

09/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1550172.00

Current Approval Amount

1550172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HARRISBURG

Project County Name

CABARRUS

Project State

NC

Project Zip

28075-7480

CD

NC-12

Jobs Reported

88

NAICS Code

711219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37205.00

Payroll Proceed

1240137.00

Mortgage Interest Proceed

0.00

Rent Proceed

89910.00

Refinance EIDL Proceed

0.00

Health Care Proceed

182920.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1565113.94

Forgiveness Date

03/31/2021

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