Erik's Bike Shop, INC

$1,955,500 PPP Loan in Bloomington, Minnesota

Loan Details

Loan Number
5690897100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,955,500
Current Approval
$1,955,500
Forgiveness Amount
$1,974,251
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Erik's Bike Shop, INC
Address
9201 Penn Ave South Suite 1
ZIP Code
55431-2318
Business Type
Corporation
Industry (NAICS)
Retail Trade (451110)
Business Age
Existing or more than 2 years old
Jobs Reported
397
Estimated Revenue
$93.4M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$1,955,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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