3GT RACING LLC (MI) - 2020 PPP Loan Borrower Profile (# 6826138303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3GT RACING 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 Michigan.

Loan Detail

Loan Number

6826138303

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$113,004.2

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$113,594.33

Date Loan was Forgiven

Aug 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

113,000.2

Lender

Lake Trust CU

Business Detail

Business Type

Subchapter S Corporation

NAICS

711211

Borrower Location

East Lansing, MI

Project Location

East Lansing, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.