PPP Loan information for Pedal power inc

$49,947

Pedal power inc was initially approved for PPP Loan of amount $49,947, the current approved amount is $49,947. The loan was approved on 02/04/2021 by The Cambridge Savings Bank reported 8 jobs and $49,947 was used to fund payroll.

Pedal power inc is Existing or more than 2 years old

PPP Loan Search / MA / Acton / Pedal power inc

PEDAL POWER INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PEDAL POWER INC

Borrower Address

176 Great Rd

Borrower City

Acton

Borrower State

MA

Borrower Zip

01720-5711

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49947.17

Current Approval Amount

49947.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Acton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-5711

CD

MA-03

Jobs Reported

8

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49945.17

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50565.69

Forgiveness Date

05/04/2022

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