# PPP loan: TRACKSIDE RESTAURANT CORPORATION
> **$194K** approved 04/11/2020 · Paid in Full · Loan `3241197108`
## Borrower
- **Name:** TRACKSIDE RESTAURANT CORPORATION
- **Address:** 115 DEPOT ST, ANN ARBOR, MI, 48104-1017
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $123K (63%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 41
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*