# PPP loan: CAPITAL CITY MOTORSPORTS LLC
> **$262K** approved 03/20/2021 · Paid in Full · Loan `4863288607`
## Borrower
- **Name:** CAPITAL CITY MOTORSPORTS LLC
- **Address:** 7830 Airpark Rd, Gaithersburg, MD, 20879-4147
- **NAICS:** 441228
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*