PPP Loan information for Galot motorsports, llc

$40,855

Galot motorsports, llc was initially approved for PPP Loan of amount $40,855, the current approved amount is $40,855. The loan was approved on 04/27/2020 by The First Federal Bank reported 7 jobs and $40,855 was used to fund payroll.

Galot motorsports, llc is Existing or more than 2 years old

PPP Loan Search / NC / Clinton / Galot motorsports, llc

GALOT MOTORSPORTS, LLC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GALOT MOTORSPORTS, LLC

Borrower Address

PO Box 862

Borrower City

Clinton

Borrower State

NC

Borrower Zip

28328

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40855.00

Current Approval Amount

40855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88615

Servicing Lender Name

First Federal Bank

Servicing Lender Address

200 E Divine St

Servicing Lender City

DUNN

Servicing Lender State

NC

Servicing Lender Zip

28334-5306

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

SAMPSON

Project State

NC

Project Zip

28328-0001

CD

NC-03

Jobs Reported

7

NAICS Code

711212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40855.00

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

88615

Originating Lender

First Federal Bank

Originating Lender City

DUNN

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41198.86

Forgiveness Date

03/05/2021

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