PPP Loan information for Racing for recovery

$138,400

Racing for recovery was initially approved for PPP Loan of amount $138,400, the current approved amount is $138,400. The loan was approved on 04/13/2020 by The Waterford Bank, National Association reported 9 jobs and $138,400 was used to fund payroll.

Racing for recovery is Existing or more than 2 years old

PPP Loan Search / OH / HOLLAND / Racing for recovery

RACING FOR RECOVERY

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RACING FOR RECOVERY

Borrower Address

6202 TRUST DR

Borrower City

HOLLAND

Borrower State

OH

Borrower Zip

43528-8425

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138400.00

Current Approval Amount

138400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

LUCAS

Project State

OH

Project Zip

43528-8425

CD

OH-09

Jobs Reported

9

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6924.00

Payroll Proceed

103855.00

Mortgage Interest Proceed

0.00

Rent Proceed

27621.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

139776.31

Forgiveness Date

04/15/2021

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