"HOT ROD" GOLF CARTS INC. (FL) - 2020 PPP Loan Borrower Profile (# 3239547706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to "HOT ROD" GOLF CARTS INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Florida.

Loan Detail

Loan Number

3239547706

SBA Office Code

0455

Processing Method

PPP

Curent Loan Amount

$22,000

Date Loan was Approved

May 1, 2020

Amount Forgiven

$22,195.84

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,500

Payroll Proced

18,000

Rent Proceed

2,500

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

423860

Borrower Location

KEY LARGO, FL

Project Location

KEY LARGO, FL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.