PPP Loan information for Twin county motorsports inc

$196,896

Twin county motorsports inc was initially approved for PPP Loan of amount $196,896, the current approved amount is $196,896. The loan was approved on 04/11/2020 by The United Bank reported 23 jobs and $196,896 was used to fund payroll.

Twin county motorsports inc is Existing or more than 2 years old

PPP Loan Search / NC / ROCKY MOUNT / Twin county motorsports inc

TWIN COUNTY MOTORSPORTS INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TWIN COUNTY MOTORSPORTS INC

Borrower Address

2800 WESLEYAN BLVD

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27804-8665

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196896.00

Current Approval Amount

196896.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27804-8665

CD

NC-01

Jobs Reported

23

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196896.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198739.17

Forgiveness Date

03/24/2021

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