PPP Loan information for M&s racing

$31,912

M&s racing was initially approved for PPP Loan of amount $31,912, the current approved amount is $31,912. The loan was approved on 05/04/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $31,912 was used to fund payroll.

M&s racing is Existing or more than 2 years old

M&S RACING

Date Approved

05/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M&S RACING

Borrower Address

11700 TROY LANE N

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31912.00

Current Approval Amount

31912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-0001

CD

MN-03

Jobs Reported

10

NAICS Code

713990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31912.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28926.75

Forgiveness Date

07/07/2021

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