PPP Loan information for Chippewa falls motorsports, inc

$150,000

Chippewa falls motorsports, inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/04/2020 by The 1st United Bank reported 23 jobs and $150,000 was used to fund payroll.

Chippewa falls motorsports, inc is New Business or 2 years or less

CHIPPEWA FALLS MOTORSPORTS, INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

CHIPPEWA FALLS MOTORSPORTS, INC

Borrower Address

2452 HALLIE RD

Borrower City

CHIPPEWA FALLS

Borrower State

WI

Borrower Zip

54729-5592

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Harley Davidson - Motor Cycle Dealer Contract

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CHIPPEWA FALLS

Project County Name

CHIPPEWA

Project State

WI

Project Zip

54729-5592

CD

WI-03

Jobs Reported

23

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

Subchapter S Corporation

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151112.50

Forgiveness Date

01/07/2021

;