PPP Loan information for Perpetual motion bicycles inc.

$16,449

Perpetual motion bicycles inc. was initially approved for PPP Loan of amount $16,449, the current approved amount is $16,449. The loan was approved on 03/23/2021 by The River City Bank reported 3 jobs and $16,449 was used to fund payroll.

Perpetual motion bicycles inc. is Existing or more than 2 years old

PPP Loan Search / GA / Carrollton / Perpetual motion bicycles inc.

PERPETUAL MOTION BICYCLES INC.

Date Approved

03/23/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

PERPETUAL MOTION BICYCLES INC.

Borrower Address

1002 Maple St

Borrower City

Carrollton

Borrower State

GA

Borrower Zip

30117-3637

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16448.93

Current Approval Amount

16448.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441150

Servicing Lender Name

River City Bank

Servicing Lender Address

228 N 2nd Ave

Servicing Lender City

ROME

Servicing Lender State

GA

Servicing Lender Zip

30165-2907

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Carrollton

Project County Name

CARROLL

Project State

GA

Project Zip

30117-3637

CD

GA-03

Jobs Reported

3

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16444.93

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

Subchapter S Corporation

Originating Lender Location Id

441150

Originating Lender

River City Bank

Originating Lender City

ROME

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16593.32

Forgiveness Date

02/07/2022

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