PPP Loan information for Peabody motor sports inc

$3,536,342

Peabody motor sports inc was initially approved for PPP Loan of amount $3,536,342, the current approved amount is $3,536,342. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 202 jobs and $3,536,342 was used to fund payroll.

Peabody motor sports inc is New Business or 2 years or less

PPP Loan Search / MA / PEABODY / Peabody motor sports inc

PEABODY MOTOR SPORTS INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PEABODY MOTOR SPORTS INC

Borrower Address

7 CENTENNIAL DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-7906

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3536342.00

Current Approval Amount

3536342.00

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

N

Business Age Description

New Business or 2 years or less

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7906

CD

MA-06

Jobs Reported

202

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3536342.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3589532.46

Forgiveness Date

10/27/2021

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