PPP Loan information for Teem motorsports llc

$20,833

Teem motorsports llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/26/2021 by The Nantahala Bank & Trust Company reported 1 jobs and $20,833 was used to fund payroll.

Teem motorsports llc is Existing or more than 2 years old

PPP Loan Search / NC / Franklin / Teem motorsports llc

TEEM MOTORSPORTS LLC

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TEEM MOTORSPORTS LLC

Borrower Address

90 Old Cat Creek Rd

Borrower City

Franklin

Borrower State

NC

Borrower Zip

28734-2734

Loan Status Date

10/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

398145

Servicing Lender Name

Nantahala Bank & Trust Company

Servicing Lender Address

120 Siler Rd

Servicing Lender City

FRANKLIN

Servicing Lender State

NC

Servicing Lender Zip

28734-1985

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

MACON

Project State

NC

Project Zip

28734-2734

CD

NC-11

Jobs Reported

1

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

Single Member LLC

Originating Lender Location Id

398145

Originating Lender

Nantahala Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20909.97

Forgiveness Date

08/16/2021

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