# PPP loan: GOT GEAR MOTORSPORTS, LLC
> **$455K** approved 04/05/2020 · Paid in Full · Loan `5295277004`
## Borrower
- **Name:** GOT GEAR MOTORSPORTS, LLC
- **Address:** 230 HIGHWAY 51, RIDGELAND, MS, 39157-4422
- **NAICS:** 454390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $428K (94%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $364K
- **Rent:** $59K
- **Utilities:** $12K
- **Health care:** $20K
- **Jobs reported:** 35
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*