Date Approved
04/07/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
TEAM - 1 KARTING IOWA, INC
Borrower Address
1350 SE GATEWAY DR
Borrower City
GRIMES
Borrower State
IA
Borrower Zip
50111-4816
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
76700.00
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
23
NAICS Code
713990
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
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
77332.78
Forgiveness Date
02/09/2021