PPP Loan information for Phoenix racing & marketing llc

$86,600

Phoenix racing & marketing llc was initially approved for PPP Loan of amount $86,600, the current approved amount is $86,600. The loan was approved on 04/28/2020 by The United Bank reported 14 jobs and $86,600 was used to fund payroll.

Phoenix racing & marketing llc is Existing or more than 2 years old

PHOENIX RACING & MARKETING LLC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PHOENIX RACING & MARKETING LLC

Borrower Address

1191 Speedway Blvd

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28146-8389

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86600.00

Current Approval Amount

86600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28146-8389

CD

NC-08

Jobs Reported

14

NAICS Code

711310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87268.74

Forgiveness Date

02/09/2021

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