PPP Loan information for Recker motor sports, inc.

$104,500

Recker motor sports, inc. was initially approved for PPP Loan of amount $104,500, the current approved amount is $104,500. The loan was approved on 04/07/2020 by The Isabella Bank reported 11 jobs and $104,500 was used to fund payroll.

Recker motor sports, inc. is Existing or more than 2 years old

RECKER MOTOR SPORTS, INC.

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

104500.00

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

MOUNT PLEASANT

Servicing Lender State

MI

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

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-3029

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

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

105121.27

Forgiveness Date

11/19/2020

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