PPP Loan information for Raceaway hospitality inc

$31,217

Raceaway hospitality inc was initially approved for PPP Loan of amount $31,217, the current approved amount is $31,217. The loan was approved on 01/23/2021 by The Veridian CU reported 2 jobs and $31,217 was used to fund payroll.

Raceaway hospitality inc is Existing or more than 2 years old

RACEAWAY HOSPITALITY INC

Date Approved

01/23/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RACEAWAY HOSPITALITY INC

Borrower Address

2809 NW 5th St

Borrower City

Ankeny

Borrower State

IA

Borrower Zip

50023-1047

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31217.00

Current Approval Amount

31217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96989

Servicing Lender Name

Veridian CU

Servicing Lender Address

1827 Ansborough Ave

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-3629

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ankeny

Project County Name

POLK

Project State

IA

Project Zip

50023-1047

CD

IA-03

Jobs Reported

2

NAICS Code

721199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31213.00

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

96989

Originating Lender

Veridian CU

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31335.88

Forgiveness Date

06/15/2021

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