PPP Loan information for Jay hatfield motorsports, llc

$492,700

Jay hatfield motorsports, llc was initially approved for PPP Loan of amount $492,700, the current approved amount is $492,700. The loan was approved on 04/06/2020 by The Commerce Bank reported 51 jobs and $492,700 was used to fund payroll.

Jay hatfield motorsports, llc is Existing or more than 2 years old

JAY HATFIELD MOTORSPORTS, LLC

Date Approved

04/06/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

JAY HATFIELD MOTORSPORTS, LLC

Borrower Address

1025 N Hwy 69

Borrower City

FRONTENAC

Borrower State

KS

Borrower Zip

66763

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492700.00

Current Approval Amount

492700.00

Undisbursed Amount

0.00

Franchise Name

Kawasaki - Dealer Term Sales and Service Agreement

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRONTENAC

Project County Name

CRAWFORD

Project State

KS

Project Zip

66763-0901

CD

KS-02

Jobs Reported

51

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

395000.00

Mortgage Interest Proceed

0.00

Rent Proceed

77700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

496025.73

Forgiveness Date

12/09/2020

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