Circle Motorsport, Inc.

$1,541,735 PPP Loan in Eatontown, New Jersey

Loan Details

Loan Number
8106807101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,541,735
Current Approval
$1,541,735
Forgiveness Amount
$1,556,096
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Circle Motorsport, Inc.
Address
500 Route 36 East
ZIP Code
07724
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$24.4M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$1,121,956
Rent
$310,000
Utilities
$26,016
Health Care
$49,763
Debt Interest
$34,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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