PPP Loan information for Raceway auto & truck parts llc

$310,600

Raceway auto & truck parts llc was initially approved for PPP Loan of amount $310,600, the current approved amount is $310,600. The loan was approved on 04/05/2020 by The Wayne County Bank reported 43 jobs and $310,600 was used to fund payroll.

Raceway auto & truck parts llc is Existing or more than 2 years old

PPP Loan Search / TN / SAVANNAH / Raceway auto & truck parts llc

RACEWAY AUTO & TRUCK PARTS LLC

Date Approved

04/05/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RACEWAY AUTO & TRUCK PARTS LLC

Borrower Address

5350 Hwy 226

Borrower City

SAVANNAH

Borrower State

TN

Borrower Zip

38372-5651

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310600.00

Current Approval Amount

310600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVANNAH

Project County Name

HARDIN

Project State

TN

Project Zip

38372-5651

CD

TN-07

Jobs Reported

43

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5800.00

Payroll Proceed

288600.00

Mortgage Interest Proceed

0.00

Rent Proceed

5200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

10000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312838.02

Forgiveness Date

12/30/2020

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