PPP Loan information for Race engineering llc

$38,750

Race engineering llc was initially approved for PPP Loan of amount $38,750, the current approved amount is $38,750. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $38,750 was used to fund payroll.

Race engineering llc is New Business or 2 years or less

RACE ENGINEERING LLC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

RACE ENGINEERING LLC

Borrower Address

2602 PARK ST

Borrower City

LAKE WORTH

Borrower State

FL

Borrower Zip

33460-6142

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38750.00

Current Approval Amount

38750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAKE WORTH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33460-6142

CD

FL-22

Jobs Reported

3

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38750.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39073.80

Forgiveness Date

03/03/2021

;