PPP Loan information for Port city racing inc.

$667,600

Port city racing inc. was initially approved for PPP Loan of amount $667,600, the current approved amount is $667,600. The loan was approved on 01/25/2021 by The Comerica Bank reported 73 jobs and $667,600 was used to fund payroll.

Port city racing inc. is Existing or more than 2 years old

PPP Loan Search / MI / Coopersville / Port city racing inc.

PORT CITY RACING INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PORT CITY RACING INC.

Borrower Address

540 Danforth St

Borrower City

Coopersville

Borrower State

MI

Borrower Zip

49404-1209

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

667600.00

Current Approval Amount

667600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coopersville

Project County Name

OTTAWA

Project State

MI

Project Zip

49404-1209

CD

MI-02

Jobs Reported

73

NAICS Code

331210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

667598.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

671475.79

Forgiveness Date

08/24/2021

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