PPP Loan information for Soflo motorsports inc

$149,632

Soflo motorsports inc was initially approved for PPP Loan of amount $149,632, the current approved amount is $149,632. The loan was approved on 03/12/2021 by The Readycap Lending, LLC reported 6 jobs and $149,632 was used to fund payroll.

Soflo motorsports inc is Existing or more than 2 years old

PPP Loan Search / FL / Davie / Soflo motorsports inc

SOFLO MOTORSPORTS INC

Date Approved

03/12/2021

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SOFLO MOTORSPORTS INC

Borrower Address

5150 SW 48th Way Ste 606

Borrower City

Davie

Borrower State

FL

Borrower Zip

33314-5513

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149632.00

Current Approval Amount

149632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Davie

Project County Name

BROWARD

Project State

FL

Project Zip

33314-5513

CD

FL-25

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149631.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150874.15

Forgiveness Date

01/21/2022

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