PPP Loan information for Martins cycling & fitness

$44,500

Martins cycling & fitness was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 04/06/2020 by The Community Bank Owatonna reported 3 jobs and $44,500 was used to fund payroll.

Martins cycling & fitness is Existing or more than 2 years old

MARTINS CYCLING & FITNESS

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARTINS CYCLING & FITNESS

Borrower Address

870 17TH ST SE

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-1518

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317317

Servicing Lender Name

Community Bank Owatonna

Servicing Lender Address

640 Bridge St

Servicing Lender City

OWATONNA

Servicing Lender State

MN

Servicing Lender Zip

55060-2702

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-1518

CD

MN-01

Jobs Reported

3

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44500.00

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

317317

Originating Lender

Community Bank Owatonna

Originating Lender City

OWATONNA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44790.49

Forgiveness Date

12/08/2020

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