PPP Loan information for Vip cycles & sport center inc

$1,151,600

Vip cycles & sport center inc was initially approved for PPP Loan of amount $1,151,600, the current approved amount is $1,151,600. The loan was approved on 04/07/2020 by The PNC Bank, National Association reported 80 jobs and $1,151,600 was used to fund payroll.

Vip cycles & sport center inc is Existing or more than 2 years old

VIP CYCLES & SPORT CENTER INC

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VIP CYCLES & SPORT CENTER INC

Borrower Address

700 Rt 22 East

Borrower City

PLAINFIELD

Borrower State

NJ

Borrower Zip

07060

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1151600.00

Current Approval Amount

1151600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINFIELD

Project County Name

UNION

Project State

NJ

Project Zip

07060-0501

CD

NJ-12

Jobs Reported

80

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1151600.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1162796.11

Forgiveness Date

04/02/2021

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