PPP Loan information for J & j auto racing inc.

$61,293

J & j auto racing inc. was initially approved for PPP Loan of amount $61,293, the current approved amount is $61,293. The loan was approved on 01/23/2021 by The Carroll Bank & Trust reported 7 jobs and $61,293 was used to fund payroll.

J & j auto racing inc. is Existing or more than 2 years old

J & J AUTO RACING INC.

Date Approved

01/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

J & J AUTO RACING INC.

Borrower Address

217 Walnut Ave E

Borrower City

Mc Kenzie

Borrower State

TN

Borrower Zip

38201-2246

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61293.00

Current Approval Amount

61293.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67225

Servicing Lender Name

Carroll Bank & Trust

Servicing Lender Address

19510 W Main St

Servicing Lender City

HUNTINGDON

Servicing Lender State

TN

Servicing Lender Zip

38344-3600

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mc Kenzie

Project County Name

CARROLL

Project State

TN

Project Zip

38201-2246

CD

TN-08

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61293.00

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

Subchapter S Corporation

Originating Lender Location Id

67225

Originating Lender

Carroll Bank & Trust

Originating Lender City

HUNTINGDON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61575.12

Forgiveness Date

07/14/2021

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