PPP Loan information for Playrace inc.

$113,100

Playrace inc. was initially approved for PPP Loan of amount $113,100, the current approved amount is $113,100. The loan was approved on 03/04/2021 by The First Bank reported 19 jobs and $113,100 was used to fund payroll.

Playrace inc. is Existing or more than 2 years old

PLAYRACE INC.

Date Approved

03/04/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PLAYRACE INC.

Borrower Address

1202 Patton Ave

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28806-2708

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113100.00

Current Approval Amount

113100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-2708

CD

NC-11

Jobs Reported

19

NAICS Code

339950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

113095.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113803.73

Forgiveness Date

10/25/2021

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