PPP Loan information for Redline motorsports inc.

$40,555

Redline motorsports inc. was initially approved for PPP Loan of amount $40,555, the current approved amount is $40,555. The loan was approved on 02/04/2021 by The Capital One, National Association reported 2 jobs and $40,555 was used to fund payroll.

Redline motorsports inc. is Existing or more than 2 years old

PPP Loan Search / PA / North Wales / Redline motorsports inc.

REDLINE MOTORSPORTS INC.

Date Approved

02/04/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

REDLINE MOTORSPORTS INC.

Borrower Address

690 E Walnut St

Borrower City

North Wales

Borrower State

PA

Borrower Zip

19454-2820

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40555.00

Current Approval Amount

40555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Wales

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19454-2820

CD

PA-04

Jobs Reported

2

NAICS Code

454110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40552.00

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

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40809.60

Forgiveness Date

10/25/2021

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