PPP Loan information for Bicycle street inn properties, llc

$107,207

Bicycle street inn properties, llc was initially approved for PPP Loan of amount $107,207, the current approved amount is $107,207. The loan was approved on 04/06/2020 by The Mercantile Bank reported 10 jobs and $107,207 was used to fund payroll.

Bicycle street inn properties, llc is Existing or more than 2 years old

BICYCLE STREET INN PROPERTIES, LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BICYCLE STREET INN PROPERTIES, LLC

Borrower Address

15210 GOLFVIEW CT

Borrower City

HILLMAN

Borrower State

MI

Borrower Zip

49746-9689

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107207.00

Current Approval Amount

107207.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HILLMAN

Project County Name

ALPENA

Project State

MI

Project Zip

49746-9689

CD

MI-01

Jobs Reported

10

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11776.00

Payroll Proceed

80688.00

Mortgage Interest Proceed

0.00

Rent Proceed

14743.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108329.00

Forgiveness Date

05/03/2021

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