PPP Loan information for River cities speedway grand forks inc.

$56,163

River cities speedway grand forks inc. was initially approved for PPP Loan of amount $56,163, the current approved amount is $56,163. The loan was approved on 02/04/2021 by The American Federal Bank reported 8 jobs and $56,163 was used to fund payroll.

River cities speedway grand forks inc. is Existing or more than 2 years old

RIVER CITIES SPEEDWAY GRAND FORKS INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RIVER CITIES SPEEDWAY GRAND FORKS INC.

Borrower Address

216 4th St NW

Borrower City

East Grand Forks

Borrower State

MN

Borrower Zip

56721-1810

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56163.00

Current Approval Amount

56163.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Grand Forks

Project County Name

POLK

Project State

MN

Project Zip

56721-1810

CD

MN-07

Jobs Reported

8

NAICS Code

711212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56163.00

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

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56556.14

Forgiveness Date

10/25/2021

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