# PPP loan: SHAKOOR MOTORSPORTS LLC
> **$603K** approved 05/19/2020 · Charged Off · Loan `8667517402`
## Borrower
- **Name:** SHAKOOR MOTORSPORTS LLC
- **Address:** 22 14th Street Northwest, Atlanta, GA, 30309
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $452K
- **Rent:** $75K
- **Utilities:** $75K
- **Jobs reported:** 40
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*