PPP Loan information for Motorsport composites inc.

$46,100

Motorsport composites inc. was initially approved for PPP Loan of amount $46,100, the current approved amount is $46,100. The loan was approved on 01/20/2021 by The Bank Five Nine reported 12 jobs and $46,100 was used to fund payroll.

Motorsport composites inc. is Existing or more than 2 years old

PPP Loan Search / WI / Grafton / Motorsport composites inc.

MOTORSPORT COMPOSITES INC.

Date Approved

01/20/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MOTORSPORT COMPOSITES INC.

Borrower Address

1220 Falls Rd

Borrower City

Grafton

Borrower State

WI

Borrower Zip

53024-9701

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46100.00

Current Approval Amount

46100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76631

Servicing Lender Name

Bank Five Nine

Servicing Lender Address

155 W Wisconsin Ave

Servicing Lender City

OCONOMOWOC

Servicing Lender State

WI

Servicing Lender Zip

53066-5204

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grafton

Project County Name

OZAUKEE

Project State

WI

Project Zip

53024-9701

CD

WI-06

Jobs Reported

12

NAICS Code

335991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46098.00

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

76631

Originating Lender

Bank Five Nine

Originating Lender City

OCONOMOWOC

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46590.05

Forgiveness Date

02/22/2022

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