PPP Loan information for Wem racing inc

$33,850

Wem racing inc was initially approved for PPP Loan of amount $33,850, the current approved amount is $33,850. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 100 jobs and $33,850 was used to fund payroll.

Wem racing inc is New Business or 2 years or less

PPP Loan Search / KY / GEORGETOWN / Wem racing inc

WEM RACING INC

Date Approved

05/01/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WEM RACING INC

Borrower Address

7090 RUSSELL CAVE RD

Borrower City

GEORGETOWN

Borrower State

KY

Borrower Zip

40324

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33850.00

Current Approval Amount

33850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GEORGETOWN

Project County Name

SCOTT

Project State

KY

Project Zip

40324-0001

CD

KY-06

Jobs Reported

100

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

33850.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34249.00

Forgiveness Date

07/09/2021

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