PPP Loan information for Perpetual motion bicycles inc
$14,929
Perpetual motion bicycles inc was initially approved for PPP Loan of amount $14,929, the current approved amount is $14,929. The loan was approved on 04/27/2020 by The River City Bank reported 2 jobs and $14,929 was used to fund payroll.
Perpetual motion bicycles inc is Existing or more than 2 years old
PERPETUAL MOTION BICYCLES INC
Date Approved
04/27/2020
SBA Office Code
0405
Processing Method
PPP
Borrower Name
PERPETUAL MOTION BICYCLES INC
Borrower Address
1002 Maple St
Borrower City
CARROLLTON
Borrower State
GA
Borrower Zip
30117-3637
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
14929.36
Current Approval Amount
14929.36
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
441150
Servicing Lender Name
River City Bank
Servicing Lender Address
228 N 2nd Ave
Servicing Lender City
ROME
Servicing Lender State
GA
Servicing Lender Zip
30165-2907
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
CARROLLTON
Project County Name
CARROLL
Project State
GA
Project Zip
30117-3637
CD
GA-03
Jobs Reported
2
NAICS Code
451110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
14929.36
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
441150
Originating Lender
River City Bank
Originating Lender City
ROME
Originating Lender State
GA
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
15059.99
Forgiveness Date
03/11/2021