# PPP loan: B & G MOTORSPORTS, INC.
> **$315K** approved 04/14/2020 · Paid in Full · Loan `7154037106`
## Borrower
- **Name:** B & G MOTORSPORTS, INC.
- **Address:** 2501 3RD AVE SW, JAMESTOWN, ND, 58401-7001
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $16K
- **Utilities:** $16K
- **Jobs reported:** 30
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*