PPP Loan information for Jt motorsports, inc.

$216,000

Jt motorsports, inc. was initially approved for PPP Loan of amount $216,000, the current approved amount is $216,000. The loan was approved on 04/09/2020 by The ACNB Bank reported 19 jobs and $216,000 was used to fund payroll.

Jt motorsports, inc. is Existing or more than 2 years old

JT MOTORSPORTS, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

JT MOTORSPORTS, INC.

Borrower Address

1557 TILCO DR

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21704-6659

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216000.00

Current Approval Amount

216000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60227

Servicing Lender Name

ACNB Bank

Servicing Lender Address

16 Lincoln Sq

Servicing Lender City

GETTYSBURG

Servicing Lender State

PA

Servicing Lender Zip

17325-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-6659

CD

MD-06

Jobs Reported

19

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216000.00

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

60227

Originating Lender

ACNB Bank

Originating Lender City

GETTYSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

218370.00

Forgiveness Date

05/17/2021

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