PPP Loan information for Lb motorsports, inc.

$197,500

Lb motorsports, inc. was initially approved for PPP Loan of amount $197,500, the current approved amount is $197,500. The loan was approved on 04/03/2020 by The Platte Valley Bank reported 18 jobs and $197,500 was used to fund payroll.

Lb motorsports, inc. is New Business or 2 years or less

PPP Loan Search / WY / CASPER / Lb motorsports, inc.

LB MOTORSPORTS, INC.

Date Approved

04/03/2020

SBA Office Code

0897

Processing Method

PPP

Borrower Name

LB MOTORSPORTS, INC.

Borrower Address

6351 E. 2nd St.

Borrower City

CASPER

Borrower State

WY

Borrower Zip

82609-4264

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197500.00

Current Approval Amount

197500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42366

Servicing Lender Name

Platte Valley Bank

Servicing Lender Address

2201 Main St

Servicing Lender City

TORRINGTON

Servicing Lender State

WY

Servicing Lender Zip

82240-2317

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CASPER

Project County Name

NATRONA

Project State

WY

Project Zip

82609-4264

CD

WY-

Jobs Reported

18

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197500.00

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

42366

Originating Lender

Platte Valley Bank

Originating Lender City

TORRINGTON

Originating Lender State

WY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198882.50

Forgiveness Date

12/17/2020

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