PPP Loan information for Ride on mopeds inc

$87,498

Ride on mopeds inc was initially approved for PPP Loan of amount $87,498, the current approved amount is $87,498. The loan was approved on 01/25/2021 by The BayCoast Bank reported 4 jobs and $87,498 was used to fund payroll.

Ride on mopeds inc is Existing or more than 2 years old

PPP Loan Search / MA / Oak Bluffs / Ride on mopeds inc

RIDE ON MOPEDS INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RIDE ON MOPEDS INC

Borrower Address

9 Oak Bluffs Ave

Borrower City

Oak Bluffs

Borrower State

MA

Borrower Zip

02557

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87497.50

Current Approval Amount

87497.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Bluffs

Project County Name

DUKES

Project State

MA

Project Zip

02557

CD

MA-09

Jobs Reported

4

NAICS Code

423910

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87494.50

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88182.90

Forgiveness Date

11/22/2021

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