# PPP loan: MOTORSPORT TECH INC.
> **$164K** approved 04/15/2020 · Paid in Full · Loan `8695107100`
## Borrower
- **Name:** MOTORSPORT TECH INC.
- **Address:** 280 S. Rock Blvd Ste 100, RENO, NV, 89502
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 17
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*