As part of the Paycheck Protection Program CHIP GANASSI RACING WITH FELIX SABATES, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

CHIP GANASSI RACING WITH FELIX SABATES, INC


Loan Amount	$3,955,995
BusinessName	CHIP GANASSI RACING WITH FELIX SABATES, INC
Address	8500 WESTMORELAND DR
City	CONCORD
State	NC
Zip	28027
NAICSCode	711219
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	179
DateApproved	04/03/2020
Lender	PNC Bank, National Association
CD	NC-08
BusinessName.clean	CHIP GANASSI RACING WITH FELIX SABATES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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