PPP Loan information for Redline motorsports, inc.

$27,000

Redline motorsports, inc. was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/28/2020 by The Capital One, National Association reported 2 jobs and $27,000 was used to fund payroll.

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

REDLINE MOTORSPORTS, INC.

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

REDLINE MOTORSPORTS, INC.

Borrower Address

690 E Walnut St

Borrower City

North Wales

Borrower State

PA

Borrower Zip

19454

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

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

19454-0001

CD

PA-01

Jobs Reported

2

NAICS Code

454110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27000.00

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

26728.29

Forgiveness Date

02/19/2021

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