PPP Loan information for R3motorsports inc

$114,770

R3motorsports inc was initially approved for PPP Loan of amount $80,000, the current approved amount is $114,770. The loan was approved on 04/11/2020 by The Citibank, N.A. reported 7 jobs and $114,770 was used to fund payroll.

R3motorsports inc is Existing or more than 2 years old

PPP Loan Search / CA / VAN NUYS / R3motorsports inc

R3MOTORSPORTS INC

Date Approved

04/11/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

R3MOTORSPORTS INC

Borrower Address

16041 ARMINTA ST

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406-1809

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

114770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-1809

CD

CA-29

Jobs Reported

7

NAICS Code

711219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114770.00

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

Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90780.35

Forgiveness Date

09/22/2021

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