PPP Loan information for Racing usa, inc

$56,366

Racing usa, inc was initially approved for PPP Loan of amount $56,366, the current approved amount is $56,366. The loan was approved on 04/09/2020 by The Pinnacle Bank reported 5 jobs and $56,366 was used to fund payroll.

Racing usa, inc is Existing or more than 2 years old

PPP Loan Search / AL / PELHAM / Racing usa, inc

RACING USA, INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RACING USA, INC

Borrower Address

288 Commerce Parkway

Borrower City

PELHAM

Borrower State

AL

Borrower Zip

35124-1395

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56365.67

Current Approval Amount

56365.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121641

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1811 2nd Ave

Servicing Lender City

JASPER

Servicing Lender State

AL

Servicing Lender Zip

35501-5381

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1395

CD

AL-06

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4133.14

Payroll Proceed

45092.53

Mortgage Interest Proceed

0.00

Rent Proceed

7140.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121641

Originating Lender

Pinnacle Bank

Originating Lender City

JASPER

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56708.56

Forgiveness Date

11/20/2020

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