PPP Loan information for Longmont motorsports inc.

$159,500

Longmont motorsports inc. was initially approved for PPP Loan of amount $159,500, the current approved amount is $159,500. The loan was approved on 04/12/2020 by The Independent Bank reported 19 jobs and $159,500 was used to fund payroll.

Longmont motorsports inc. is Existing or more than 2 years old

PPP Loan Search / CO / Longmont / Longmont motorsports inc.

LONGMONT MOTORSPORTS INC.

Date Approved

04/12/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

LONGMONT MOTORSPORTS INC.

Borrower Address

645 Frontage Rd

Borrower City

Longmont

Borrower State

CO

Borrower Zip

80501-6353

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159500.00

Current Approval Amount

159500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Longmont

Project County Name

BOULDER

Project State

CO

Project Zip

80501-6353

CD

CO-02

Jobs Reported

19

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3100.00

Payroll Proceed

129800.00

Mortgage Interest Proceed

0.00

Rent Proceed

26600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160612.07

Forgiveness Date

12/31/2020

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