# PPP loan: JR MOTORSPORTS LLC
> **$1.26M** approved 04/04/2020 · Paid in Full · Loan `5018047007`
## Borrower
- **Name:** JR MOTORSPORTS LLC
- **Address:** 349 CAYUGA DRIVE, MOORESVILLE, NC, 28117-8216
- **NAICS:** 336999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.47M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Jobs reported:** 88
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*