PPP Loan information for Worth motorsports, inc

$767,600

Worth motorsports, inc was initially approved for PPP Loan of amount $767,600, the current approved amount is $767,600. The loan was approved on 04/04/2020 by The Commerce Bank reported 58 jobs and $767,600 was used to fund payroll.

Worth motorsports, inc is Existing or more than 2 years old

WORTH MOTORSPORTS, INC

Date Approved

04/04/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

WORTH MOTORSPORTS, INC

Borrower Address

9400 PRAIRIE VIEW RD

Borrower City

KANSAS CITY

Borrower State

MO

Borrower Zip

64153-1860

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

767600.00

Current Approval Amount

767600.00

Undisbursed Amount

0.00

Franchise Name

Harley Davidson - Motor Cycle Dealer Contract

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANSAS CITY

Project County Name

PLATTE

Project State

MO

Project Zip

64153-1860

CD

MO-06

Jobs Reported

58

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

767600.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

772781.30

Forgiveness Date

12/09/2020

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