PPP Loan information for Norwalk raceway park

$315,000

Norwalk raceway park was initially approved for PPP Loan of amount $315,000, the current approved amount is $315,000. The loan was approved on 02/05/2021 by The Civista Bank reported 9 jobs and $315,000 was used to fund payroll.

Norwalk raceway park is Existing or more than 2 years old

NORWALK RACEWAY PARK

Date Approved

02/05/2021

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NORWALK RACEWAY PARK

Borrower Address

1300 State Route 18

Borrower City

Norwalk

Borrower State

OH

Borrower Zip

44857-9548

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

315000.00

Current Approval Amount

315000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58322

Servicing Lender Name

Civista Bank

Servicing Lender Address

100 E Water St

Servicing Lender City

SANDUSKY

Servicing Lender State

OH

Servicing Lender Zip

44870-2524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwalk

Project County Name

HURON

Project State

OH

Project Zip

44857-9548

CD

OH-05

Jobs Reported

9

NAICS Code

711212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

314997.00

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

58322

Originating Lender

Civista Bank

Originating Lender City

SANDUSKY

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

318508.75

Forgiveness Date

03/17/2022

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