PPP Loan information for Chicago drive cycling & fitness inc.

$205,300

Chicago drive cycling & fitness inc. was initially approved for PPP Loan of amount $205,300, the current approved amount is $205,300. The loan was approved on 04/05/2020 by The Grand River Bank reported 14 jobs and $205,300 was used to fund payroll.

Chicago drive cycling & fitness inc. is Existing or more than 2 years old

PPP Loan Search / MI / Kentwood / Chicago drive cycling & fitness inc.

CHICAGO DRIVE CYCLING & FITNESS INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHICAGO DRIVE CYCLING & FITNESS INC.

Borrower Address

2830 E. Paris S.E.

Borrower City

Kentwood

Borrower State

MI

Borrower Zip

49512-1923

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205300.00

Current Approval Amount

205300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kentwood

Project County Name

KENT

Project State

MI

Project Zip

49512-1923

CD

MI-03

Jobs Reported

14

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205300.00

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

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

207257.38

Forgiveness Date

04/08/2021

;