PPP Loan information for Norwalk raceway park dba summit motorsports park

$318,935

Norwalk raceway park dba summit motorsports park was initially approved for PPP Loan of amount $318,935, the current approved amount is $318,935. The loan was approved on 04/26/2021 by The Civista Bank reported 9 jobs and $318,935 was used to fund payroll.

Norwalk raceway park dba summit motorsports park is Existing or more than 2 years old

NORWALK RACEWAY PARK DBA SUMMIT MOTORSPORTS PARK

Date Approved

04/26/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

NORWALK RACEWAY PARK DBA SUMMIT MOTORSPORTS 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

318935.00

Current Approval Amount

318935.00

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

318932.00

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

321725.68

Forgiveness Date

03/17/2022

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