PPP Loan information for Beyer motorsports llc

$48,667

Beyer motorsports llc was initially approved for PPP Loan of amount $48,667, the current approved amount is $48,667. The loan was approved on 04/06/2020 by The Lincoln Savings Bank reported 8 jobs and $48,667 was used to fund payroll.

Beyer motorsports llc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR FALLS / Beyer motorsports llc

BEYER MOTORSPORTS LLC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BEYER MOTORSPORTS LLC

Borrower Address

3800 S Hudson Rd

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613-6706

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48667.00

Current Approval Amount

48667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-6706

CD

IA-02

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

775.00

Payroll Proceed

38934.00

Mortgage Interest Proceed

0.00

Rent Proceed

8958.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48979.00

Forgiveness Date

12/08/2020

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