PPP Loan information for Mckee racing inc

$121,500

Mckee racing inc was initially approved for PPP Loan of amount $121,500, the current approved amount is $121,500. The loan was approved on 04/27/2020 by The Morton Community Bank reported 11 jobs and $121,500 was used to fund payroll.

Mckee racing inc is Existing or more than 2 years old

MCKEE RACING INC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MCKEE RACING INC

Borrower Address

8723 N INDUSTRIAL RD

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61615-1505

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121500.00

Current Approval Amount

121500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61615-1505

CD

IL-16

Jobs Reported

11

NAICS Code

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121500.00

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

Subchapter S Corporation

Originating Lender Location Id

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122188.50

Forgiveness Date

11/25/2020

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