PPP Loan information for Global motorsports inc

$302,000

Global motorsports inc was initially approved for PPP Loan of amount $302,000, the current approved amount is $302,000. The loan was approved on 04/07/2020 by The Fourth Capital Bank reported 12 jobs and $302,000 was used to fund payroll.

Global motorsports inc is Existing or more than 2 years old

PPP Loan Search / TN / BRENTWOOD / Global motorsports inc

GLOBAL MOTORSPORTS INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GLOBAL MOTORSPORTS INC

Borrower Address

7116 Moores Lane

Borrower City

BRENTWOOD

Borrower State

TN

Borrower Zip

37027-7939

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302000.00

Current Approval Amount

302000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

517294

Servicing Lender Name

Fourth Capital Bank

Servicing Lender Address

10 Lea Ave, Ste 900

Servicing Lender City

Nashville

Servicing Lender State

TN

Servicing Lender Zip

37210

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRENTWOOD

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37027-7939

CD

TN-07

Jobs Reported

12

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302000.00

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

Corporation

Originating Lender Location Id

517294

Originating Lender

Fourth Capital Bank

Originating Lender City

Nashville

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

305355.56

Forgiveness Date

05/21/2021

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