PPP Loan information for Twp motorsports inc

$48,100

Twp motorsports inc was initially approved for PPP Loan of amount $48,100, the current approved amount is $48,100. The loan was approved on 04/29/2020 by The Truist Bank reported 6 jobs and $48,100 was used to fund payroll.

Twp motorsports inc is New Business or 2 years or less

PPP Loan Search / MD / WALDORF / Twp motorsports inc

TWP MOTORSPORTS INC

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TWP MOTORSPORTS INC

Borrower Address

12030 TRADE ZONE COURT

Borrower City

WALDORF

Borrower State

MD

Borrower Zip

20601

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48100.00

Current Approval Amount

48100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WALDORF

Project County Name

CHARLES

Project State

MD

Project Zip

20601-1700

CD

MD-05

Jobs Reported

6

NAICS Code

336991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48558.29

Forgiveness Date

04/15/2021

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