PPP Loan information for Propel bikes lbc inc.

$27,172

Propel bikes lbc inc. was initially approved for PPP Loan of amount $27,172, the current approved amount is $27,172. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $27,172 was used to fund payroll.

Propel bikes lbc inc. is New Business or 2 years or less

PPP Loan Search / CA / LONG BEACH / Propel bikes lbc inc.

PROPEL BIKES LBC INC.

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PROPEL BIKES LBC INC.

Borrower Address

100 W BROADWAY STE 110

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90802

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27172.00

Current Approval Amount

27172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90802-0400

CD

CA-42

Jobs Reported

4

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27172.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

27475.27

Forgiveness Date

06/16/2021

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