PPP Loan information for Island park cycles

$62,700

Island park cycles was initially approved for PPP Loan of amount $62,700, the current approved amount is $62,700. The loan was approved on 04/04/2020 by The Aspire Bank reported 16 jobs and $62,700 was used to fund payroll.

Island park cycles is Existing or more than 2 years old

ISLAND PARK CYCLES

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ISLAND PARK CYCLES

Borrower Address

425 BROADWAY

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-4414

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62700.00

Current Approval Amount

62700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52841

Servicing Lender Name

Aspire Bank

Servicing Lender Address

5195 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-3339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-4414

CD

ND-

Jobs Reported

16

NAICS Code

451110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

3150.00

Payroll Proceed

44100.00

Mortgage Interest Proceed

6300.00

Rent Proceed

9150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52841

Originating Lender

Aspire Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63222.21

Forgiveness Date

02/16/2021

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