PPP Loan information for Burn cycle llc

$201,472

Burn cycle llc was initially approved for PPP Loan of amount $201,472, the current approved amount is $201,472. The loan was approved on 02/26/2021 by The Beneficial State Bank reported 20 jobs and $201,472 was used to fund payroll.

Burn cycle llc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Burn cycle llc

BURN CYCLE LLC

Date Approved

02/26/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

BURN CYCLE LLC

Borrower Address

910 NW 10th Ave

Borrower City

Portland

Borrower State

OR

Borrower Zip

97209-3412

Loan Status Date

07/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201472.00

Current Approval Amount

201472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448130

Servicing Lender Name

Beneficial State Bank

Servicing Lender Address

1438 Webster St, Ste 100

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94612-3229

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97209-3412

CD

OR-01

Jobs Reported

20

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

201466.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

448130

Originating Lender

Beneficial State Bank

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204044.22

Forgiveness Date

06/13/2022

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