PPP Loan information for Racing foods inc.

$40,315

Racing foods inc. was initially approved for PPP Loan of amount $40,315, the current approved amount is $40,315. The loan was approved on 01/20/2021 by The Iowa State Bank reported 15 jobs and $40,315 was used to fund payroll.

Racing foods inc. is Existing or more than 2 years old

PPP Loan Search / ND / Lisbon / Racing foods inc.

RACING FOODS INC.

Date Approved

01/20/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

RACING FOODS INC.

Borrower Address

720 Main Street

Borrower City

Lisbon

Borrower State

ND

Borrower Zip

58054

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40315.00

Current Approval Amount

40315.00

Undisbursed Amount

0.00

Franchise Name

Pizza Ranch

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lisbon

Project County Name

RANSOM

Project State

ND

Project Zip

58054

CD

ND-

Jobs Reported

15

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40311.00

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40517.69

Forgiveness Date

07/28/2021

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