PPP Loan information for Venturini motorsports llc

$220,207

Venturini motorsports llc was initially approved for PPP Loan of amount $220,207, the current approved amount is $220,207. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 16 jobs and $220,207 was used to fund payroll.

Venturini motorsports llc is Existing or more than 2 years old

VENTURINI MOTORSPORTS LLC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VENTURINI MOTORSPORTS LLC

Borrower Address

571 Pitts School Rd

Borrower City

CONCORD

Borrower State

NC

Borrower Zip

28027-2905

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220207.00

Current Approval Amount

220207.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-2905

CD

NC-12

Jobs Reported

16

NAICS Code

611620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27525.88

Payroll Proceed

165155.25

Mortgage Interest Proceed

27525.87

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222115.46

Forgiveness Date

03/01/2021

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