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Velosmith Bicycle Studio INC

$39,597 PPP Loan in Wilmette, Illinois

Loan Details

Loan Number
1204477710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$39,597
Current Approval
$39,597
Forgiveness Amount
$39,971
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Velosmith Bicycle Studio INC
Address
801 Ridge Rd
City
Wilmette
State
Illinois
ZIP Code
60091
Business Type
Corporation
Industry (NAICS)
Retail Trade (451110)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$31,678
Rent
$4,406
Utilities
$1,447
Debt Interest
$2,066

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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