Date Approved
04/14/2020
SBA Office Code
0610
Processing Method
PPP
Borrower Name
LIGHTNING MOTORSPORTS, INC.
Borrower Address
1100 W PIONEER PKWY
Borrower City
GRAND PRAIRIE
Borrower State
TX
Borrower Zip
75051-4704
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
73500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
71316
Servicing Lender Name
PlainsCapital Bank
Servicing Lender Address
2911 Turtle Creek Blvd. Suite 700
Servicing Lender City
DALLAS
Servicing Lender State
Servicing Lender Zip
75219
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
Project State
Project Zip
CD
TX-33
Jobs Reported
9
NAICS Code
441120
Race
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
74016.54
Forgiveness Date
12/30/2020