PPP Loan information for Transition bikes

$249,000

Transition bikes was initially approved for PPP Loan of amount $215,700, the current approved amount is $249,000. The loan was approved on 04/04/2020 by The Peoples Bank reported 23 jobs and $249,000 was used to fund payroll.

Transition bikes is Existing or more than 2 years old

PPP Loan Search / WA / BELLINGHAM / Transition bikes

TRANSITION BIKES

Date Approved

04/04/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

TRANSITION BIKES

Borrower Address

1600 Carolina Street

Borrower City

BELLINGHAM

Borrower State

WA

Borrower Zip

98229-5440

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215700.00

Current Approval Amount

249000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74316

Servicing Lender Name

Peoples Bank

Servicing Lender Address

3100 Woburn St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98226-8678

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

WHATCOM

Project State

WA

Project Zip

98229-5440

CD

WA-02

Jobs Reported

23

NAICS Code

423910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249000.00

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

74316

Originating Lender

Peoples Bank

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251303.25

Forgiveness Date

03/18/2021

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