PPP Loan information for Infinite velocity motorsports llc

$22,400

Infinite velocity motorsports llc was initially approved for PPP Loan of amount $22,400, the current approved amount is $22,400. The loan was approved on 05/01/2020 by The Zions Bank, A Division of reported 4 jobs and $22,400 was used to fund payroll.

Infinite velocity motorsports llc is Existing or more than 2 years old

INFINITE VELOCITY MOTORSPORTS LLC

Date Approved

05/01/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

INFINITE VELOCITY MOTORSPORTS LLC

Borrower Address

22 EAST FREEPORT BLVD

Borrower City

SPARKS

Borrower State

NV

Borrower Zip

89431

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22400.00

Current Approval Amount

22400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARKS

Project County Name

WASHOE

Project State

NV

Project Zip

89431-0001

CD

NV-02

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22400.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22510.47

Forgiveness Date

11/02/2020

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