PPP Loan information for Redline powersports, llc

$182,000

Redline powersports, llc was initially approved for PPP Loan of amount $182,000, the current approved amount is $182,000. The loan was approved on 04/13/2020 by The Live Oak Banking Company reported 24 jobs and $182,000 was used to fund payroll.

Redline powersports, llc is New Business or 2 years or less

REDLINE POWERSPORTS, LLC

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

REDLINE POWERSPORTS, LLC

Borrower Address

4663 US-501

Borrower City

Myrtle Beach

Borrower State

SC

Borrower Zip

29579

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182000.00

Current Approval Amount

182000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Myrtle Beach

Project County Name

HORRY

Project State

SC

Project Zip

29579-0001

CD

SC-07

Jobs Reported

24

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182000.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183785.10

Forgiveness Date

04/08/2021

;