PPP Loan information for Jake's bikes, inc.

$47,400

Jake's bikes, inc. was initially approved for PPP Loan of amount $47,400, the current approved amount is $47,400. The loan was approved on 04/30/2020 by The Vantage Bank reported 4 jobs and $47,400 was used to fund payroll.

Jake's bikes, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALEXANDRIA / Jake's bikes, inc.

JAKE'S BIKES, INC.

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JAKE'S BIKES, INC.

Borrower Address

419 N Nokimis St

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-4837

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47400.00

Current Approval Amount

47400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38283

Servicing Lender Name

Vantage Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KENT

Servicing Lender State

MN

Servicing Lender Zip

56553

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-4837

CD

MN-07

Jobs Reported

4

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47400.00

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

38283

Originating Lender

Vantage Bank

Originating Lender City

KENT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47716.87

Forgiveness Date

12/31/2020

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