PPP Loan information for Lauffer motorsports llc

$48,727

Lauffer motorsports llc was initially approved for PPP Loan of amount $48,727, the current approved amount is $48,727. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $48,727 was used to fund payroll.

Lauffer motorsports llc is New Business or 2 years or less

LAUFFER MOTORSPORTS LLC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAUFFER MOTORSPORTS LLC

Borrower Address

224 W IREDELL AVE

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28115

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48727.00

Current Approval Amount

48727.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28115-0001

CD

NC-08

Jobs Reported

5

NAICS Code

711219

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48727.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49058.08

Forgiveness Date

01/08/2021

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