Date Approved
01/23/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
TEAM-1 KARTING IOWA INC.
Borrower Address
1350 SE Gateway Dr Ste 108
Borrower City
Grimes
Borrower State
IA
Borrower Zip
50111-4817
Loan Status Date
02/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
76900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25374
Servicing Lender Name
Raccoon Valley Bank
Servicing Lender Address
1202 2nd St
Servicing Lender City
PERRY
Servicing Lender State
Servicing Lender Zip
50220-1506
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
16
NAICS Code
713120
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
76897.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
77376.35
Forgiveness Date
09/14/2021