PPP Loan information for Forest lake cycle & skate, inc.

$52,495

Forest lake cycle & skate, inc. was initially approved for PPP Loan of amount $52,495, the current approved amount is $52,495. The loan was approved on 04/27/2020 by The First State Bank of Wyoming reported 15 jobs and $52,495 was used to fund payroll.

Forest lake cycle & skate, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Forest lake cycle & skate, inc.

FOREST LAKE CYCLE & SKATE, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOREST LAKE CYCLE & SKATE, INC.

Borrower Address

455 North Lake Street

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-2515

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52495.00

Current Approval Amount

52495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39065

Servicing Lender Name

First State Bank of Wyoming

Servicing Lender Address

26741 Felton Ave

Servicing Lender City

WYOMING

Servicing Lender State

MN

Servicing Lender Zip

55092-8426

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-2515

CD

MN-08

Jobs Reported

15

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1995.00

Payroll Proceed

50500.00

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

Subchapter S Corporation

Originating Lender Location Id

39065

Originating Lender

First State Bank of Wyoming

Originating Lender City

WYOMING

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52933.92

Forgiveness Date

03/03/2021

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