PPP Loan information for Motorsports of durham, llc

$399,040

Motorsports of durham, llc was initially approved for PPP Loan of amount $399,040, the current approved amount is $399,040. The loan was approved on 04/08/2020 by The Truist Bank reported 36 jobs and $399,040 was used to fund payroll.

Motorsports of durham, llc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Motorsports of durham, llc

MOTORSPORTS OF DURHAM, LLC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOTORSPORTS OF DURHAM, LLC

Borrower Address

300 MULDEE ST

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27703-2332

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399039.62

Current Approval Amount

399039.62

Undisbursed Amount

0.00

Franchise Name

Harley Davidson - Motor Cycle Dealer Contract

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27703-2332

CD

NC-04

Jobs Reported

36

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

399039.62

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403406.89

Forgiveness Date

05/21/2021

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