PPP Loan information for Riders bike shop inc

$217,700

Riders bike shop inc was initially approved for PPP Loan of amount $217,700, the current approved amount is $217,700. The loan was approved on 04/14/2020 by The Truist Bank reported 16 jobs and $217,700 was used to fund payroll.

Riders bike shop inc is Existing or more than 2 years old

PPP Loan Search / AL / TRUSSVILLE / Riders bike shop inc

RIDERS BIKE SHOP INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RIDERS BIKE SHOP INC

Borrower Address

4750 NORREL DR

Borrower City

TRUSSVILLE

Borrower State

AL

Borrower Zip

35173-2634

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217700.00

Current Approval Amount

217700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRUSSVILLE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35173-2634

CD

AL-06

Jobs Reported

16

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

217700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

218951.77

Forgiveness Date

11/25/2020

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