PPP Loan information for Maxim racing inc.

$121,475

Maxim racing inc. was initially approved for PPP Loan of amount $121,475, the current approved amount is $121,475. The loan was approved on 04/07/2020 by The INB, National Association reported 16 jobs and $121,475 was used to fund payroll.

Maxim racing inc. is Existing or more than 2 years old

MAXIM RACING INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAXIM RACING INC.

Borrower Address

2709 E. Ash St.

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62703-5606

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121474.76

Current Approval Amount

121474.76

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21366

Servicing Lender Name

INB, National Association

Servicing Lender Address

322 E Capitol Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62701-1710

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62703-5606

CD

IL-13

Jobs Reported

16

NAICS Code

336111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121474.76

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

21366

Originating Lender

INB, National Association

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112236.50

Forgiveness Date

12/17/2020

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