PPP Loan information for Hed cycling products

$395,815

Hed cycling products was initially approved for PPP Loan of amount $395,815, the current approved amount is $395,815. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 28 jobs and $395,815 was used to fund payroll.

Hed cycling products is Existing or more than 2 years old

HED CYCLING PRODUCTS

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HED CYCLING PRODUCTS

Borrower Address

1735 TERRACE DR

Borrower City

ROSEVILLE

Borrower State

MN

Borrower Zip

55113

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395815.00

Current Approval Amount

395815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEVILLE

Project County Name

RAMSEY

Project State

MN

Project Zip

55113-0001

CD

MN-04

Jobs Reported

28

NAICS Code

335991

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

395815.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

398189.89

Forgiveness Date

11/19/2020

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