PPP Loan information for Monroe motorsports inc.

$327,250

Monroe motorsports inc. was initially approved for PPP Loan of amount $327,250, the current approved amount is $327,250. The loan was approved on 02/03/2021 by The The Huntington National Bank reported 21 jobs and $327,250 was used to fund payroll.

Monroe motorsports inc. is Existing or more than 2 years old

PPP Loan Search / MI / Monroe / Monroe motorsports inc.

MONROE MOTORSPORTS INC.

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MONROE MOTORSPORTS INC.

Borrower Address

1314 S Telegraph Rd

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48161-5521

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327250.00

Current Approval Amount

327250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MONROE

Project State

MI

Project Zip

48161-5521

CD

MI-05

Jobs Reported

21

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

327245.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

330585.26

Forgiveness Date

02/14/2022

;