PPP Loan information for Redline motorsports llc

$23,100

Redline motorsports llc was initially approved for PPP Loan of amount $23,100, the current approved amount is $23,100. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 3 jobs and $23,100 was used to fund payroll.

Redline motorsports llc is New Business or 2 years or less

PPP Loan Search / ND / BISMARCK / Redline motorsports llc

REDLINE MOTORSPORTS LLC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

REDLINE MOTORSPORTS LLC

Borrower Address

1721 Michigan Ave

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58504-6158

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23100.00

Current Approval Amount

23100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-6158

CD

ND-

Jobs Reported

3

NAICS Code

811411

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20215.57

Forgiveness Date

11/09/2020

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