PPP Loan information for Raceaway hospitality inc

$22,250

Raceaway hospitality inc was initially approved for PPP Loan of amount $22,250, the current approved amount is $22,250. The loan was approved on 04/14/2020 by The Veridian CU reported 2 jobs and $22,250 was used to fund payroll.

Raceaway hospitality inc is Existing or more than 2 years old

PPP Loan Search / IA / ANKENY / Raceaway hospitality inc

RACEAWAY HOSPITALITY INC

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RACEAWAY HOSPITALITY INC

Borrower Address

2809 NW 5TH ST

Borrower City

ANKENY

Borrower State

IA

Borrower Zip

50023-1047

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22250.00

Current Approval Amount

22250.00

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

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22250.00

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

22421.90

Forgiveness Date

01/28/2021

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