PPP Loan information for M3tric motorsports

$43,300

M3tric motorsports was initially approved for PPP Loan of amount $43,300, the current approved amount is $43,300. The loan was approved on 06/30/2020 by The MBE Capital Partners reported 4 jobs and $43,300 was used to fund payroll.

M3tric motorsports is New Business or 2 years or less

PPP Loan Search / NJ / Pompton Lakes / M3tric motorsports

M3TRIC MOTORSPORTS

Date Approved

06/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

M3TRIC MOTORSPORTS

Borrower Address

19 Cannonball Road , Pompton Lakes, New Jersey, 07442

Borrower City

Pompton Lakes

Borrower State

NJ

Borrower Zip

07442

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43300.00

Current Approval Amount

43300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Pompton Lakes

Project County Name

PASSAIC

Project State

NJ

Project Zip

07442-0001

CD

NJ-09

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43300.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43664.44

Forgiveness Date

05/20/2021

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