PPP Loan information for Motor racing outreach, inc.

$158,100

Motor racing outreach, inc. was initially approved for PPP Loan of amount $158,100, the current approved amount is $158,100. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 9 jobs and $158,100 was used to fund payroll.

Motor racing outreach, inc. is Existing or more than 2 years old

PPP Loan Search / NC / CONCORD / Motor racing outreach, inc.

MOTOR RACING OUTREACH, INC.

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOTOR RACING OUTREACH, INC.

Borrower Address

5555 Concord Pkwy South

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027-4622

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158100.00

Current Approval Amount

158100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-4622

CD

NC-12

Jobs Reported

9

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158100.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159334.06

Forgiveness Date

02/23/2021

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