PPP Loan information for Bay cycle sales, inc. and powe

$148,982

Bay cycle sales, inc. and powe was initially approved for PPP Loan of amount $148,982, the current approved amount is $148,982. The loan was approved on 04/28/2020 by The Independent Bank reported 14 jobs and $148,982 was used to fund payroll.

Bay cycle sales, inc. and powe is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Bay cycle sales, inc. and powe

BAY CYCLE SALES, INC. AND POWE

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY CYCLE SALES, INC. AND POWE

Borrower Address

3800 S HURON RD

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-2067

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148982.00

Current Approval Amount

148982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-2067

CD

MI-08

Jobs Reported

14

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148982.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150822.85

Forgiveness Date

08/02/2021

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