PPP Loan information for Rotorsports racing inc

$17,000

Rotorsports racing inc was initially approved for PPP Loan of amount $17,000, the current approved amount is $17,000. The loan was approved on 04/29/2020 by The Fifth Third Bank reported 2 jobs and $17,000 was used to fund payroll.

Rotorsports racing inc is New Business or 2 years or less

ROTORSPORTS RACING INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ROTORSPORTS RACING INC

Borrower Address

465 RUSSELL FARM ROAD

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28081

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17000.00

Current Approval Amount

17000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28081-0001

CD

NC-12

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

2000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17233.28

Forgiveness Date

09/16/2021

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