PPP Loan information for World of bikes of iowa, inc

$62,700

World of bikes of iowa, inc was initially approved for PPP Loan of amount $62,700, the current approved amount is $62,700. The loan was approved on 04/12/2020 by The MidWestOne Bank reported 8 jobs and $62,700 was used to fund payroll.

World of bikes of iowa, inc is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / World of bikes of iowa, inc

WORLD OF BIKES OF IOWA, INC

Date Approved

04/12/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WORLD OF BIKES OF IOWA, INC

Borrower Address

723 S Gilbert St

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240-1729

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62700.00

Current Approval Amount

62700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-1729

CD

IA-01

Jobs Reported

8

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3918.75

Payroll Proceed

47025.00

Mortgage Interest Proceed

3918.75

Rent Proceed

3918.75

Refinance EIDL Proceed

0.00

Health Care Proceed

3918.75

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63161.54

Forgiveness Date

01/12/2021

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