PPP Loan information for Jdc motor sports, ltd

$40,128

Jdc motor sports, ltd was initially approved for PPP Loan of amount $40,672, the current approved amount is $40,128. The loan was approved on 04/06/2020 by The Sterling State Bank reported 2 jobs and $40,128 was used to fund payroll.

Jdc motor sports, ltd is Existing or more than 2 years old

JDC MOTOR SPORTS, LTD

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JDC MOTOR SPORTS, LTD

Borrower Address

8856 WOODHILL CIR

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-3140

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40671.87

Current Approval Amount

40128.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-3140

CD

MN-02

Jobs Reported

2

NAICS Code

711219

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40128.10

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40495.94

Forgiveness Date

03/10/2021

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