# PPP loan: OFF ROAD MOTOR SPORTS INC
> **$900K** approved 03/15/2021 · Paid in Full · Loan `2776218600`
## Borrower
- **Name:** OFF ROAD MOTOR SPORTS INC
- **Address:** 7 Centennial Dr, Peabody, MA, 01960-7906
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $912K (101%)
- **Forgiveness date:** 08/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $900K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*