Kensington Motorsports INC

$87,700 PPP Loan in New Hudson, Michigan

Loan Details

Loan Number
4677317004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$87,700
Current Approval
$87,700
Forgiveness Amount
$88,748
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kensington Motorsports INC
Address
56605 Pontiac Trl
ZIP Code
48165-9431
Business Type
Corporation
Industry (NAICS)
Retail Trade (441210)
Franchise
Polaris - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$65,775
Rent
$21,000
Utilities
$925

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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