PPP Loan information for Adams cycles inc.

$20,123

Adams cycles inc. was initially approved for PPP Loan of amount $20,123, the current approved amount is $20,123. The loan was approved on 06/25/2020 by The State Bank & Trust Co. reported 2 jobs and $20,123 was used to fund payroll.

Adams cycles inc. is Existing or more than 2 years old

ADAMS CYCLES INC.

Date Approved

06/25/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

ADAMS CYCLES INC.

Borrower Address

631 W LINCOLN HWY

Borrower City

NEVADA

Borrower State

IA

Borrower Zip

50201-7842

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20122.60

Current Approval Amount

20122.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25302

Servicing Lender Name

State Bank & Trust Co.

Servicing Lender Address

1025 6th St

Servicing Lender City

NEVADA

Servicing Lender State

IA

Servicing Lender Zip

50201-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEVADA

Project County Name

STORY

Project State

IA

Project Zip

50201-7842

CD

IA-04

Jobs Reported

2

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20122.60

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

25302

Originating Lender

State Bank & Trust Co.

Originating Lender City

NEVADA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20425.27

Forgiveness Date

01/04/2022

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