PPP Loan information for Al cycles, llc

$326,009

Al cycles, llc was initially approved for PPP Loan of amount $326,009, the current approved amount is $326,009. The loan was approved on 04/05/2020 by The Sabine State Bank & Trust Company reported 33 jobs and $326,009 was used to fund payroll.

Al cycles, llc is Existing or more than 2 years old

AL CYCLES, LLC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

AL CYCLES, LLC

Borrower Address

3260 PLEASANT VALLEY RD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36606-2712

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326008.75

Current Approval Amount

326008.75

Undisbursed Amount

0.00

Franchise Name

Harley Davidson - Motor Cycle Dealer Contract

Servicing Lender Location Id

28400

Servicing Lender Name

Sabine State Bank & Trust Company

Servicing Lender Address

297 Elizabeth St

Servicing Lender City

MANY

Servicing Lender State

LA

Servicing Lender Zip

71449-3082

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36606-2712

CD

AL-01

Jobs Reported

33

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260807.00

Mortgage Interest Proceed

25201.75

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

28400

Originating Lender

Sabine State Bank & Trust Company

Originating Lender City

MANY

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

318069.30

Forgiveness Date

12/09/2020

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