PPP Loan information for Pedal, lc

$129,265

Pedal, lc was initially approved for PPP Loan of amount $129,265, the current approved amount is $129,265. The loan was approved on 04/06/2020 by The First National Bank of Michigan reported 21 jobs and $129,265 was used to fund payroll.

Pedal, lc is Existing or more than 2 years old

PEDAL, LC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PEDAL, LC

Borrower Address

611 W. MICHIGAN AVE

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-3715

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129265.00

Current Approval Amount

129265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-3715

CD

MI-04

Jobs Reported

21

NAICS Code

451110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

129265.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120003.46

Forgiveness Date

11/27/2020

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