Jay Hatfield Motorsports, LLC

$492,700 PPP Loan in Frontenac, Kansas

Loan Details

Loan Number
6420327000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$492,700
Current Approval
$492,700
Forgiveness Amount
$496,026
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jay Hatfield Motorsports, LLC
Address
1025 N Hwy 69
State
Kansas
ZIP Code
66763
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Kawasaki - Dealer Term Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
KS-02

Loan Use Breakdown

Payroll
$395,000
Rent
$77,700
Utilities
$20,000

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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