# PPP loan: RACER MANAGEMENT LLC
> **$335K** approved 04/15/2020 · Paid in Full · Loan `1853587207`
## Borrower
- **Name:** RACER MANAGEMENT LLC
- **Address:** 122 Vista Del Rio Drive, MORGANTOWN, WV, 26508
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Jobs reported:** 28
## Lender
- **Originating:** MVB Bank, Inc.
- **Servicing:** MVB Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*