PPP Loan information for 404 motorsports inc

$467,500

404 motorsports inc was initially approved for PPP Loan of amount $467,500, the current approved amount is $467,500. The loan was approved on 07/14/2020 by The Fifth Third Bank reported 22 jobs and $467,500 was used to fund payroll.

404 motorsports inc is New Business or 2 years or less

PPP Loan Search / GA / MABLETON / 404 motorsports inc

404 MOTORSPORTS INC

Date Approved

07/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

404 MOTORSPORTS INC

Borrower Address

6885 SLATE STONE WAY

Borrower City

MABLETON

Borrower State

GA

Borrower Zip

30126-5433

Loan Status Date

06/21/2022

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

467500.00

Current Approval Amount

467500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MABLETON

Project County Name

COBB

Project State

GA

Project Zip

30126-5433

CD

GA-13

Jobs Reported

22

NAICS Code

811118

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

457500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;