PPP Loan information for Propel bikes lbc inc.

$51,132

Propel bikes lbc inc. was initially approved for PPP Loan of amount $51,132, the current approved amount is $51,132. The loan was approved on 02/24/2021 by The JPMorgan Chase Bank, National Association reported 10 jobs and $51,132 was used to fund payroll.

Propel bikes lbc inc. is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Propel bikes lbc inc.

PROPEL BIKES LBC INC.

Date Approved

02/24/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

PROPEL BIKES LBC INC.

Borrower Address

100 W Broadway Ste 110

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90802-4412

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51132.00

Current Approval Amount

51132.00

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

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90802-4412

CD

CA-42

Jobs Reported

10

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

51131.00

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

51404.82

Forgiveness Date

09/10/2021

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