PPP Loan information for Factory five racing, inc.

$375,484

Factory five racing, inc. was initially approved for PPP Loan of amount $375,484, the current approved amount is $375,484. The loan was approved on 04/08/2020 by The BayCoast Bank reported 48 jobs and $375,484 was used to fund payroll.

Factory five racing, inc. is Existing or more than 2 years old

PPP Loan Search / MA / MARSHFIELD HILLS / Factory five racing, inc.

FACTORY FIVE RACING, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FACTORY FIVE RACING, INC.

Borrower Address

9 Tow Road

Borrower City

MARSHFIELD HILLS

Borrower State

MA

Borrower Zip

02051

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375484.00

Current Approval Amount

375484.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHFIELD HILLS

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02051-0001

CD

MA-04

Jobs Reported

48

NAICS Code

336111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375484.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378779.92

Forgiveness Date

03/03/2021

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