PPP Loan information for Black widow motorsports llc

$20,940

Black widow motorsports llc was initially approved for PPP Loan of amount $20,940, the current approved amount is $20,940. The loan was approved on 04/07/2021 by The Hiawatha Bank and Trust Company reported 2 jobs and $20,940 was used to fund payroll.

Black widow motorsports llc is Existing or more than 2 years old

BLACK WIDOW MOTORSPORTS LLC

Date Approved

04/07/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

BLACK WIDOW MOTORSPORTS LLC

Borrower Address

500 Ford Ln

Borrower City

Center Point

Borrower State

IA

Borrower Zip

52213-9476

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20940.00

Current Approval Amount

20940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122253

Servicing Lender Name

Hiawatha Bank and Trust Company

Servicing Lender Address

777 N Center Point Rd

Servicing Lender City

HIAWATHA

Servicing Lender State

IA

Servicing Lender Zip

52233-1225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Center Point

Project County Name

LINN

Project State

IA

Project Zip

52213-9476

CD

IA-02

Jobs Reported

2

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20936.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122253

Originating Lender

Hiawatha Bank and Trust Company

Originating Lender City

HIAWATHA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21001.08

Forgiveness Date

07/26/2021

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