PPP Loan information for Hot rod motorsports llc

$18,250

Hot rod motorsports llc was initially approved for PPP Loan of amount $18,250, the current approved amount is $18,250. The loan was approved on 04/10/2020 by The Arthur State Bank reported 4 jobs and $18,250 was used to fund payroll.

Hot rod motorsports llc is Existing or more than 2 years old

HOT ROD MOTORSPORTS LLC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

HOT ROD MOTORSPORTS LLC

Borrower Address

5961 HIGHWAY 221

Borrower City

ROEBUCK

Borrower State

SC

Borrower Zip

29376-3319

Loan Status Date

11/25/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18250.37

Current Approval Amount

18250.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66364

Servicing Lender Name

Arthur State Bank

Servicing Lender Address

100 E Main St

Servicing Lender City

UNION

Servicing Lender State

SC

Servicing Lender Zip

29379-2325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROEBUCK

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29376-3319

CD

SC-04

Jobs Reported

4

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2261.00

Payroll Proceed

13789.37

Mortgage Interest Proceed

0.00

Rent Proceed

2200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66364

Originating Lender

Arthur State Bank

Originating Lender City

UNION

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18339.09

Forgiveness Date

10/13/2020

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