PPP Loan information for Red wing bicycle company

$14,028

Red wing bicycle company was initially approved for PPP Loan of amount $14,028, the current approved amount is $14,028. The loan was approved on 04/28/2020 by The First Farmers & Merchants Bank reported 3 jobs and $14,028 was used to fund payroll.

Red wing bicycle company is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / Red wing bicycle company

RED WING BICYCLE COMPANY

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RED WING BICYCLE COMPANY

Borrower Address

319 MAIN ST

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2322

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14028.00

Current Approval Amount

14028.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2322

CD

MN-01

Jobs Reported

3

NAICS Code

451110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3367.00

Payroll Proceed

10661.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14105.93

Forgiveness Date

11/17/2020

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