PPP Loan information for Usp motorsports inc

$158,667

Usp motorsports inc was initially approved for PPP Loan of amount $158,667, the current approved amount is $158,667. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $158,667 was used to fund payroll.

Usp motorsports inc is Existing or more than 2 years old

PPP Loan Search / FL / POMPANO BEACH / Usp motorsports inc

USP MOTORSPORTS INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

USP MOTORSPORTS INC

Borrower Address

1919 NW 40TH CT

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33064

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158667.00

Current Approval Amount

158667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33064-0800

CD

FL-23

Jobs Reported

8

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8667.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160563.16

Forgiveness Date

07/15/2021

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