PPP Loan information for Valley motorsports

$7,521

Valley motorsports was initially approved for PPP Loan of amount $7,521, the current approved amount is $7,521. The loan was approved on 04/05/2020 by The BankStar Financial reported 2 jobs and $7,521 was used to fund payroll.

Valley motorsports is Existing or more than 2 years old

VALLEY MOTORSPORTS

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

VALLEY MOTORSPORTS

Borrower Address

507 Hansina Avenue

Borrower City

VOLGA

Borrower State

SD

Borrower Zip

57071-2120

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7520.97

Current Approval Amount

7520.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66509

Servicing Lender Name

BankStar Financial

Servicing Lender Address

124 Elk St

Servicing Lender City

ELKTON

Servicing Lender State

SD

Servicing Lender Zip

57026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VOLGA

Project County Name

BROOKINGS

Project State

SD

Project Zip

57071-2120

CD

SD-

Jobs Reported

2

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5640.72

Mortgage Interest Proceed

0.00

Rent Proceed

1880.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

66509

Originating Lender

BankStar Financial

Originating Lender City

ELKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7563.59

Forgiveness Date

11/02/2020

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