PPP Loan information for Team-1 karting iowa inc.

$76,900

Team-1 karting iowa inc. was initially approved for PPP Loan of amount $76,900, the current approved amount is $76,900. The loan was approved on 01/23/2021 by The Raccoon Valley Bank reported 16 jobs and $76,900 was used to fund payroll.

Team-1 karting iowa inc. is Existing or more than 2 years old

TEAM-1 KARTING IOWA INC.

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

76900.00

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

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grimes

Project County Name

POLK

Project State

IA

Project Zip

50111-4817

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77376.35

Forgiveness Date

09/14/2021

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