PPP Loan information for Pro motorsports

$49,616

Pro motorsports was initially approved for PPP Loan of amount $49,616, the current approved amount is $49,616. The loan was approved on 04/07/2020 by The Lee County Bank reported 7 jobs and $49,616 was used to fund payroll.

Pro motorsports is Existing or more than 2 years old

PPP Loan Search / IA / WEST BURLINGTON / Pro motorsports

PRO MOTORSPORTS

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRO MOTORSPORTS

Borrower Address

3610 West Mt. Pleasant Street

Borrower City

WEST BURLINGTON

Borrower State

IA

Borrower Zip

52655-9775

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49615.65

Current Approval Amount

49615.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25016

Servicing Lender Name

Lee County Bank

Servicing Lender Address

801 Ave 'F'

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BURLINGTON

Project County Name

DES MOINES

Project State

IA

Project Zip

52655-9775

CD

IA-01

Jobs Reported

7

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

39692.52

Mortgage Interest Proceed

5923.13

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25016

Originating Lender

Lee County Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42826.98

Forgiveness Date

10/15/2020

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