# PPP loan: HABBERSTAD MOTORSPORT,INC.
> **$2.84M** approved 04/08/2020 · Paid in Full · Loan `8594467006`
## Borrower
- **Name:** HABBERSTAD MOTORSPORT,INC.
- **Address:** 945 East Jericho Tpke, HUNTINGTON STATION, NY, 11746-7506
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.84M
- **Initial approval:** $2.84M
- **Forgiven:** $2.87M (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.84M
- **Jobs reported:** 215
## Lender
- **Originating:** BMW Bank of North America, Inc.
- **Servicing:** BMW Bank of North America, Inc. (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*