PPP Loan information for International motor sports, inc.

$392,000

International motor sports, inc. was initially approved for PPP Loan of amount $392,000, the current approved amount is $392,000. The loan was approved on 04/07/2020 by The Summit CU reported 34 jobs and $392,000 was used to fund payroll.

International motor sports, inc. is Existing or more than 2 years old

PPP Loan Search / WI / CEDARBURG / International motor sports, inc.

INTERNATIONAL MOTOR SPORTS, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

INTERNATIONAL MOTOR SPORTS, INC.

Borrower Address

7518 STATE ROAD 60

Borrower City

CEDARBURG

Borrower State

WI

Borrower Zip

53012-9702

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392000.00

Current Approval Amount

392000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDARBURG

Project County Name

OZAUKEE

Project State

WI

Project Zip

53012-9702

CD

WI-06

Jobs Reported

34

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

392000.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

395834.08

Forgiveness Date

03/31/2021

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