Suncoast Motorsports Group, INC

$1,963,747 PPP Loan in Sarasota, Florida

Loan Details

Loan Number
2605457100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,963,747
Current Approval
$1,963,747
Forgiveness Amount
$1,982,621
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Suncoast Motorsports Group, INC
Address
5005 S Tamiami Trl
State
Florida
ZIP Code
34231-4255
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Porsche Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
191
Estimated Revenue
$48.1M
Rural/Urban
Urban
Congressional District
FL-17

Loan Use Breakdown

Payroll
$1,963,747

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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