PPP Loan information for Maple grove cycling & fitness inc.

$97,200

Maple grove cycling & fitness inc. was initially approved for PPP Loan of amount $97,200, the current approved amount is $97,200. The loan was approved on 04/07/2020 by The First Minnetonka City Bank reported 8 jobs and $97,200 was used to fund payroll.

Maple grove cycling & fitness inc. is Existing or more than 2 years old

MAPLE GROVE CYCLING & FITNESS INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAPLE GROVE CYCLING & FITNESS INC.

Borrower Address

13950 GROVE DR

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55311-4401

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97200.00

Current Approval Amount

97200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55311-4401

CD

MN-03

Jobs Reported

8

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97200.00

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

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98039.70

Forgiveness Date

02/19/2021

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