Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
RECKER MOTOR SPORTS, INC.
Borrower Address
1604 W High St
Borrower City
MOUNT PLEASANT
Borrower State
MI
Borrower Zip
48858-3029
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
104500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36147
Servicing Lender Name
Isabella Bank
Servicing Lender Address
139 E Broadway
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
48858-2312
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ISABELLA
Project State
Project Zip
CD
MI-02
Jobs Reported
11
NAICS Code
441228
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3460.00
Payroll Proceed
86040.00
Mortgage Interest Proceed
Rent Proceed
15000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
105121.27
Forgiveness Date
11/19/2020