PPP Loan information for Germain racing llc

$613,400

Germain racing llc was initially approved for PPP Loan of amount $613,400, the current approved amount is $613,400. The loan was approved on 04/13/2020 by The Customers Bank reported 41 jobs and $613,400 was used to fund payroll.

Germain racing llc is Existing or more than 2 years old

PPP Loan Search / NC / Lexington / Germain racing llc

GERMAIN RACING LLC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GERMAIN RACING LLC

Borrower Address

299 Austin Drive

Borrower City

Lexington

Borrower State

NC

Borrower Zip

27295

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

613400.00

Current Approval Amount

613400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lexington

Project County Name

DAVIDSON

Project State

NC

Project Zip

27295-0001

CD

NC-08

Jobs Reported

41

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

613400.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

618172.76

Forgiveness Date

02/10/2021

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