PPP Loan information for Gms racing llc

$1,300,000

Gms racing llc was initially approved for PPP Loan of amount $1,300,000, the current approved amount is $1,300,000. The loan was approved on 04/28/2020 by The Newtek Small Business Finance, Inc. reported 89 jobs and $1,300,000 was used to fund payroll.

Gms racing llc is Existing or more than 2 years old

GMS RACING LLC

Date Approved

04/28/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

GMS RACING LLC

Borrower Address

1980 Festival Plaza Dr Suite 770

Borrower City

LAS VEGAS

Borrower State

NV

Borrower Zip

89135-2961

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1300000.00

Current Approval Amount

1300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAS VEGAS

Project County Name

CLARK

Project State

NV

Project Zip

89135-2961

CD

NV-03

Jobs Reported

89

NAICS Code

711211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1300000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1319752.78

Forgiveness Date

11/05/2021

;