PPP Loan information for Racing innovations inc.

$9,967

Racing innovations inc. was initially approved for PPP Loan of amount $9,967, the current approved amount is $9,967. The loan was approved on 03/23/2021 by The Fifth Third Bank reported 2 jobs and $9,967 was used to fund payroll.

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

PPP Loan Search / NC / Kannapolis / Racing innovations inc.

RACING INNOVATIONS INC.

Date Approved

03/23/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RACING INNOVATIONS INC.

Borrower Address

703 Mooresville Rd Ste B

Borrower City

Kannapolis

Borrower State

NC

Borrower Zip

28081-4309

Loan Status Date

07/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9967.00

Current Approval Amount

9967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kannapolis

Project County Name

CABARRUS

Project State

NC

Project Zip

28081-4309

CD

NC-12

Jobs Reported

2

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9967.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10086.33

Forgiveness Date

06/08/2022

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