BLACK TIRE BICYCLE COMPANY (IA) - 2020 PPP Loan Borrower Profile (# 1441217107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLACK TIRE BICYCLE COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

1441217107

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$14,532

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$14,619.19

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

10,899

Mortgage Interest Proceed

3,633

Lender

Pinnacle Bank

Business Detail

Business Type

Corporation

NAICS

451110

Borrower Location

MARSHALLTOWN, IA

Project Location

Marshalltown, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.