PPP Loan information for Abruzzi racing transmission inc

$49,862

Abruzzi racing transmission inc was initially approved for PPP Loan of amount $49,862, the current approved amount is $49,862. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $49,862 was used to fund payroll.

Abruzzi racing transmission inc is Existing or more than 2 years old

ABRUZZI RACING TRANSMISSION INC

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ABRUZZI RACING TRANSMISSION INC

Borrower Address

3760 YOUNGSTOWN RD SE

Borrower City

WARREN

Borrower State

OH

Borrower Zip

44484

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49862.00

Current Approval Amount

49862.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

TRUMBULL

Project State

OH

Project Zip

44484-0001

CD

OH-14

Jobs Reported

8

NAICS Code

811113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48592.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1270.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50418.52

Forgiveness Date

06/16/2021

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