Port City Racing Inc.

$667,600 PPP Loan in Coopersville, Michigan

Loan Details

Loan Number
5190708307
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$667,600
Current Approval
$667,600
Forgiveness Amount
$671,476
Forgiveness Date
Aug 24, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Port City Racing Inc.
Address
540 Danforth St
ZIP Code
49404-1209
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$19.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$667,598
Utilities
$1

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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