PPP Loan information for The community cycling center

$271,000

The community cycling center was initially approved for PPP Loan of amount $271,000, the current approved amount is $271,000. The loan was approved on 04/16/2020 by The Umpqua Bank reported 30 jobs and $271,000 was used to fund payroll.

The community cycling center is Existing or more than 2 years old

THE COMMUNITY CYCLING CENTER

Date Approved

04/16/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

THE COMMUNITY CYCLING CENTER

Borrower Address

1805 NE 2ND AVE

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97212-3933

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

271000.00

Current Approval Amount

271000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97212-3933

CD

OR-03

Jobs Reported

30

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

271000.00

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

Non-Profit Organization

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

272960.11

Forgiveness Date

01/14/2021

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