ARGO CYCLES, INC (NH) - 2020 PPP Loan Borrower Profile (# 3172697100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARGO CYCLES, INC. 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 New Hampshire.

Loan Detail

Loan Number

3172697100

SBA Office Code

0189

Processing Method

PPP

Curent Loan Amount

$142,400

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$143,891.24

Date Loan was Forgiven

May 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,700

Payroll Proced

99,400

Rent Proceed

29,000

Health Care Proceed

4,300

Lender

Enterprise Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

441228

Borrower Location

RAYMOND, NH

Project Location

RAYMOND, NH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.