PPP Loan information for Absolute motosport inc

$84,342

Absolute motosport inc was initially approved for PPP Loan of amount $84,342, the current approved amount is $84,342. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $84,342 was used to fund payroll.

Absolute motosport inc is Existing or more than 2 years old

PPP Loan Search / OR / ROSEBURG / Absolute motosport inc

ABSOLUTE MOTOSPORT INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ABSOLUTE MOTOSPORT INC

Borrower Address

428 NE NEWTON CREEK DR

Borrower City

ROSEBURG

Borrower State

OR

Borrower Zip

97470

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84342.00

Current Approval Amount

84342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEBURG

Project County Name

DOUGLAS

Project State

OR

Project Zip

97470-0001

CD

OR-04

Jobs Reported

10

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84342.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85298.65

Forgiveness Date

06/25/2021

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