ANDERSONS BIKE RENTALS LLC (MA) - 2020 PPP Loan Borrower Profile (# 1085757402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSONS BIKE RENTALS LLC. 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 Massachusetts.

Loan Detail

Loan Number

1085757402

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$62,300

Date Loan was Approved

May 3, 2020

Amount Forgiven

$62,835.95

Date Loan was Forgiven

Mar 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

62,300

Lender

Martha's Vineyard Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

532284

Borrower Location

Oak Bluffs, MA

Project Location

Oak Bluffs, MA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.