# PPP loan: JTG RACING, LLC
> **$1.55M** approved 04/10/2020 · Paid in Full · Loan `1652237102`
## Borrower
- **Name:** JTG RACING, LLC
- **Address:** 7201 CALDWELL RD, HARRISBURG, NC, 28075-7480
- **NAICS:** 711219
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $90K
- **Utilities:** $37K
- **Health care:** $183K
- **Jobs reported:** 88
## Lender
- **Originating:** Uwharrie Bank
- **Servicing:** Uwharrie Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*