PPP Loan information for Racer wash management llc

$765,700

Racer wash management llc was initially approved for PPP Loan of amount $765,700, the current approved amount is $765,700. The loan was approved on 04/13/2020 by The PlainsCapital Bank reported 225 jobs and $765,700 was used to fund payroll.

Racer wash management llc is Existing or more than 2 years old

PPP Loan Search / TX / LUBBOCK / Racer wash management llc

RACER WASH MANAGEMENT LLC

Date Approved

04/13/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

RACER WASH MANAGEMENT LLC

Borrower Address

3309 67th St

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79413-6103

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

765700.00

Current Approval Amount

765700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71316

Servicing Lender Name

PlainsCapital Bank

Servicing Lender Address

2911 Turtle Creek Blvd. Suite 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75219

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79413-6103

CD

TX-19

Jobs Reported

225

NAICS Code

811192

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

600700.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

50000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

71316

Originating Lender

PlainsCapital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

772399.88

Forgiveness Date

03/01/2021

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