PPP Loan information for Burlington bicycle project

$80,892

Burlington bicycle project was initially approved for PPP Loan of amount $80,892, the current approved amount is $80,892. The loan was approved on 04/29/2020 by The Northfield Savings Bank reported 13 jobs and $80,892 was used to fund payroll.

Burlington bicycle project is Existing or more than 2 years old

BURLINGTON BICYCLE PROJECT

Date Approved

04/29/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

BURLINGTON BICYCLE PROJECT

Borrower Address

331 N. Winooski Ave

Borrower City

BURLINGTON

Borrower State

VT

Borrower Zip

05401

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80892.00

Current Approval Amount

80892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73004

Servicing Lender Name

Northfield Savings Bank

Servicing Lender Address

33 S Main St

Servicing Lender City

NORTHFIELD

Servicing Lender State

VT

Servicing Lender Zip

05663-6703

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05401-0001

CD

VT-

Jobs Reported

13

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80892.00

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

Non-Profit Organization

Originating Lender Location Id

73004

Originating Lender

Northfield Savings Bank

Originating Lender City

NORTHFIELD

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

81375.11

Forgiveness Date

12/02/2020

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