Date Approved
03/12/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
WORLD RACING GROUP INC.
Borrower Address
7575 Westwinds Blvd NW Ste D
Borrower City
Concord
Borrower State
NC
Borrower Zip
28027-3329
Loan Status Date
10/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
856000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
382926
Servicing Lender Name
Coastal States Bank
Servicing Lender Address
5 Bow Circle
Servicing Lender City
HILTON HEAD ISLAND
Servicing Lender State
SC
Servicing Lender Zip
29928-7344
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CABARRUS
Project State
Project Zip
CD
NC-12
Jobs Reported
92
NAICS Code
711212
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
855998.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
860494.00
Forgiveness Date
09/24/2021