PPP Loan information for 58cycle, inc.

$17,770

58cycle, inc. was initially approved for PPP Loan of amount $17,770, the current approved amount is $17,770. The loan was approved on 05/05/2020 by The Cross River Bank reported 3 jobs and $17,770 was used to fund payroll.

58cycle, inc. is Existing or more than 2 years old

58CYCLE, INC.

Date Approved

05/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

58CYCLE, INC.

Borrower Address

9200 Martinsville Hwy

Borrower City

Danville

Borrower State

VA

Borrower Zip

24541

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17770.00

Current Approval Amount

17770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-0015

CD

VA-05

Jobs Reported

3

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17770.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17889.28

Forgiveness Date

01/08/2021

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