PPP Loan information for Pedal power

$174,300

Pedal power was initially approved for PPP Loan of amount $174,300, the current approved amount is $174,300. The loan was approved on 04/06/2020 by The Liberty Bank reported 37 jobs and $174,300 was used to fund payroll.

Pedal power is Existing or more than 2 years old

PEDAL POWER

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PEDAL POWER

Borrower Address

359 MAIN ST

Borrower City

MIDDLETOWN

Borrower State

CT

Borrower Zip

06457-3309

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174300.00

Current Approval Amount

174300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETOWN

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-3309

CD

CT-01

Jobs Reported

37

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174300.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

175810.60

Forgiveness Date

03/02/2021

;