PPP Loan information for Valley cycle and motorsports inc.

$220,548

Valley cycle and motorsports inc. was initially approved for PPP Loan of amount $220,548, the current approved amount is $220,548. The loan was approved on 04/13/2020 by The Tri Counties Bank reported 21 jobs and $220,548 was used to fund payroll.

Valley cycle and motorsports inc. is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Valley cycle and motorsports inc.

VALLEY CYCLE AND MOTORSPORTS INC.

Date Approved

04/13/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

VALLEY CYCLE AND MOTORSPORTS INC.

Borrower Address

3917 Buck Owens Blvd.

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93308-4927

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220548.00

Current Approval Amount

220548.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5060

Servicing Lender Name

Tri Counties Bank

Servicing Lender Address

63 Constitution Dr

Servicing Lender City

CHICO

Servicing Lender State

CA

Servicing Lender Zip

95973-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93308-4927

CD

CA-20

Jobs Reported

21

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

220548.00

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

Subchapter S Corporation

Originating Lender Location Id

5060

Originating Lender

Tri Counties Bank

Originating Lender City

CHICO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222378.85

Forgiveness Date

02/19/2021

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