PPP Loan information for The bicycle link inc

$43,000

The bicycle link inc was initially approved for PPP Loan of amount $43,000, the current approved amount is $43,000. The loan was approved on 04/04/2020 by The Coastal Heritage Bank reported 7 jobs and $43,000 was used to fund payroll.

The bicycle link inc is Existing or more than 2 years old

THE BICYCLE LINK INC

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE BICYCLE LINK INC

Borrower Address

230 WASHINGTON ST

Borrower City

WEYMOUTH

Borrower State

MA

Borrower Zip

02188-1545

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43000.00

Current Approval Amount

43000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89718

Servicing Lender Name

Coastal Heritage Bank

Servicing Lender Address

744 Broad St

Servicing Lender City

EAST WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02189-2004

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02188-1545

CD

MA-08

Jobs Reported

7

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2833.00

Payroll Proceed

34500.00

Mortgage Interest Proceed

2833.00

Rent Proceed

2834.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89718

Originating Lender

Coastal Heritage Bank

Originating Lender City

EAST WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

43259.18

Forgiveness Date

11/23/2020

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