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L & M Motorsports, Inc.

$144,900 PPP Loan in Westfield, Indiana

Loan Details

Loan Number
8904087006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$144,900
Current Approval
$144,900
Forgiveness Amount
$145,763
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L & M Motorsports, Inc.
Address
18128 Market Court
City
Westfield
State
Indiana
ZIP Code
46074-8728
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$11,200
Rent
$14,000
Utilities
$5,005
Health Care
$114,695

Lender Information

Servicing Lender
Citizens State Bank of New Castle
Originating Lender
Citizens State Bank of New Castle

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