# PPP loan: SDS MOTORSPORTS LLC
> **$190K** approved 04/15/2020 · Paid in Full · Loan `2230227202`
## Borrower
- **Name:** SDS MOTORSPORTS LLC
- **Address:** 1507 N PLAZA DR, GRANBURY, TX, 76048
- **NAICS:** 441228
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $15K
- **Utilities:** $7K
- **Debt interest:** $16K
- **Jobs reported:** 20
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*