PPP Loan information for King motorsports unlimited inc

$72,000

King motorsports unlimited inc was initially approved for PPP Loan of amount $72,000, the current approved amount is $72,000. The loan was approved on 04/05/2020 by The Spring Bank reported 4 jobs and $72,000 was used to fund payroll.

King motorsports unlimited inc is Existing or more than 2 years old

KING MOTORSPORTS UNLIMITED INC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

KING MOTORSPORTS UNLIMITED INC

Borrower Address

2130 S Danny Rd.

Borrower City

NEW BERLIN

Borrower State

WI

Borrower Zip

53146-1601

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

72000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

458219

Servicing Lender Name

Spring Bank

Servicing Lender Address

16620 W Bluemound Rd, Ste 100

Servicing Lender City

BROOKFIELD

Servicing Lender State

WI

Servicing Lender Zip

53005-5965

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BERLIN

Project County Name

WAUKESHA

Project State

WI

Project Zip

53146-1601

CD

WI-05

Jobs Reported

4

NAICS Code

811121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72000.00

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

458219

Originating Lender

Spring Bank

Originating Lender City

BROOKFIELD

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72716.00

Forgiveness Date

04/08/2021

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