PPP Loan information for Royal speedway inc

$4,304,878

Royal speedway inc was initially approved for PPP Loan of amount $4,304,878, the current approved amount is $4,304,878. The loan was approved on 04/06/2020 by The PNC Bank, National Association reported 373 jobs and $4,304,878 was used to fund payroll.

Royal speedway inc is Existing or more than 2 years old

PPP Loan Search / AZ / TUCSON / Royal speedway inc

ROYAL SPEEDWAY INC

Date Approved

04/06/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

ROYAL SPEEDWAY INC

Borrower Address

4670 N CIRCUIT RD

Borrower City

TUCSON

Borrower State

AZ

Borrower Zip

85705-6022

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4304878.00

Current Approval Amount

4304878.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TUCSON

Project County Name

PIMA

Project State

AZ

Project Zip

85705-6022

CD

AZ-06

Jobs Reported

373

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

538109.75

Payroll Proceed

3228658.50

Mortgage Interest Proceed

538109.75

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4096043.28

Forgiveness Date

08/03/2021

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