PPP Loan information for Budget bicycle center inc.

$454,500

Budget bicycle center inc. was initially approved for PPP Loan of amount $454,500, the current approved amount is $454,500. The loan was approved on 04/08/2020 by The Johnson Bank reported 82 jobs and $454,500 was used to fund payroll.

Budget bicycle center inc. is Existing or more than 2 years old

BUDGET BICYCLE CENTER INC.

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BUDGET BICYCLE CENTER INC.

Borrower Address

1230 REGENT ST

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53715-1296

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454500.00

Current Approval Amount

454500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53715-1296

CD

WI-02

Jobs Reported

82

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

56812.00

Payroll Proceed

340875.00

Mortgage Interest Proceed

56813.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

447045.22

Forgiveness Date

11/12/2020

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