PPP Loan information for Rommel motorsports delaware, inc.
$568,200
Rommel motorsports delaware, inc. was initially approved for PPP Loan of amount $568,200, the current approved amount is $568,200. The loan was approved on 04/14/2020 by The Customers Bank reported 51 jobs and $568,200 was used to fund payroll.
Rommel motorsports delaware, inc. is Existing or more than 2 years old
ROMMEL MOTORSPORTS DELAWARE, INC.
Date Approved
04/14/2020
SBA Office Code
0341
Processing Method
PPP
Borrower Name
ROMMEL MOTORSPORTS DELAWARE, INC.
Borrower Address
450 Stadium Street
Borrower City
Smyrna
Borrower State
DE
Borrower Zip
19977
Loan Status Date
05/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
568200.00
Current Approval Amount
568200.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
121536
Servicing Lender Name
Customers Bank
Servicing Lender Address
40 General Warren Blvd
Servicing Lender City
Malvern
Servicing Lender State
PA
Servicing Lender Zip
19355
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Smyrna
Project County Name
KENT
Project State
DE
Project Zip
19977-0001
CD
DE-
Jobs Reported
51
NAICS Code
453998
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
568200.00
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
499141
Originating Lender
Readycap Lending, LLC
Originating Lender City
BERKELEY HEIGHTS
Originating Lender State
NJ
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
573274.88
Forgiveness Date
03/31/2021