PPP Loan information for Modern racing inc

$75,300

Modern racing inc was initially approved for PPP Loan of amount $75,300, the current approved amount is $75,300. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 9 jobs and $75,300 was used to fund payroll.

Modern racing inc is Unanswered

PPP Loan Search / NC / MOORESVILLE / Modern racing inc

MODERN RACING INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MODERN RACING INC

Borrower Address

116 LOMA HILL DR

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28117-8093

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75300.00

Current Approval Amount

75300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28117-8093

CD

NC-10

Jobs Reported

9

NAICS Code

711212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75300.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37495.73

Forgiveness Date

09/23/2021

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