PPP Loan information for Black tire bicycle company

$14,532

Black tire bicycle company was initially approved for PPP Loan of amount $14,532, the current approved amount is $14,532. The loan was approved on 04/10/2020 by The Pinnacle Bank reported 5 jobs and $14,532 was used to fund payroll.

Black tire bicycle company is Existing or more than 2 years old

BLACK TIRE BICYCLE COMPANY

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BLACK TIRE BICYCLE COMPANY

Borrower Address

11 West Main Street

Borrower City

MARSHALLTOWN

Borrower State

IA

Borrower Zip

50158-5866

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14532.00

Current Approval Amount

14532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25526

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

2206 S Center St

Servicing Lender City

MARSHALLTOWN

Servicing Lender State

IA

Servicing Lender Zip

50158-5961

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marshalltown

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-0001

CD

IA-04

Jobs Reported

5

NAICS Code

451110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10899.00

Mortgage Interest Proceed

3633.00

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

25526

Originating Lender

Pinnacle Bank

Originating Lender City

MARSHALLTOWN

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14619.19

Forgiveness Date

11/23/2020

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