PPP Loan information for Parlee cycles, inc.

$224,000

Parlee cycles, inc. was initially approved for PPP Loan of amount $224,000, the current approved amount is $224,000. The loan was approved on 04/06/2020 by The BankGloucester reported 20 jobs and $224,000 was used to fund payroll.

Parlee cycles, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BEVERLY / Parlee cycles, inc.

PARLEE CYCLES, INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PARLEE CYCLES, INC.

Borrower Address

69 FEDERAL ST

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-5708

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224000.00

Current Approval Amount

224000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-5708

CD

MA-06

Jobs Reported

20

NAICS Code

336991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224000.00

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

Corporation

Originating Lender Location Id

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215266.41

Forgiveness Date

11/19/2020

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