Port City Racing, Inc.

$727,900 PPP Loan in Coopersville, Michigan

Loan Details

Loan Number
2547687100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$727,900
Current Approval
$727,900
Forgiveness Amount
$733,885
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Port City Racing, Inc.
Address
540 Danforth St
ZIP Code
49404-1209
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$17.3M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$582,346
Mortgage Interest
$145,554

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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