PPP Loan information for Storm lake cycles inc

$143,033

Storm lake cycles inc was initially approved for PPP Loan of amount $143,033, the current approved amount is $143,033. The loan was approved on 04/07/2020 by The Citizens First National Bank reported 14 jobs and $143,033 was used to fund payroll.

Storm lake cycles inc is Existing or more than 2 years old

STORM LAKE CYCLES INC

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

STORM LAKE CYCLES INC

Borrower Address

3040 Expansion Blvd

Borrower City

STORM LAKE

Borrower State

IA

Borrower Zip

50588-3513

Loan Status Date

03/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143033.05

Current Approval Amount

143033.05

Undisbursed Amount

0.00

Franchise Name

Honda Powersports Sales and Service Agreements

Servicing Lender Location Id

25505

Servicing Lender Name

Citizens First National Bank

Servicing Lender Address

E 5th & Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STORM LAKE

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-3513

CD

IA-04

Jobs Reported

14

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143033.05

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

25505

Originating Lender

Citizens First National Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

143994.55

Forgiveness Date

12/09/2020

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