BALTIMORE MOTOR SPORT, LLC (MD) - 2020 PPP Loan Borrower Profile (# 7752457103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BALTIMORE MOTOR SPORT, LLC. 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 Maryland.

Loan Detail

Loan Number

7752457103

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$102,270

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$102,922.85

Date Loan was Forgiven

Dec 8, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,900

Payroll Proced

72,603

Mortgage Interest Proceed

Rent Proceed

20,000

Refinance EIDL Proceed

Health Care Proceed

2,767

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

811111

Borrower Location

Baltimore, MD

Project Location

Baltimore, MD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.