PPP Loan information for Bike rack brewing co., inc

$151,700

Bike rack brewing co., inc was initially approved for PPP Loan of amount $151,700, the current approved amount is $151,700. The loan was approved on 04/04/2020 by The The First National Bank of Fort Smith reported 32 jobs and $151,700 was used to fund payroll.

Bike rack brewing co., inc is Existing or more than 2 years old

PPP Loan Search / AR / BENTONVILLE / Bike rack brewing co., inc

BIKE RACK BREWING CO., INC

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

BIKE RACK BREWING CO., INC

Borrower Address

801 SE 8th Street Suite 61

Borrower City

BENTONVILLE

Borrower State

AR

Borrower Zip

72712-6409

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151700.00

Current Approval Amount

151700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4322

Servicing Lender Name

The First National Bank of Fort Smith

Servicing Lender Address

602 Garrison Ave

Servicing Lender City

FORT SMITH

Servicing Lender State

AR

Servicing Lender Zip

72901-2519

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BENTONVILLE

Project County Name

BENTON

Project State

AR

Project Zip

72712-6409

CD

AR-03

Jobs Reported

32

NAICS Code

312120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113775.00

Mortgage Interest Proceed

27925.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4322

Originating Lender

The First National Bank of Fort Smith

Originating Lender City

FORT SMITH

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142635.61

Forgiveness Date

12/14/2020

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