PPP Loan information for Commonwealth cycles, inc.

$294,275

Commonwealth cycles, inc. was initially approved for PPP Loan of amount $294,275, the current approved amount is $294,275. The loan was approved on 04/09/2020 by The Brookline Bank reported 47 jobs and $294,275 was used to fund payroll.

Commonwealth cycles, inc. is Existing or more than 2 years old

PPP Loan Search / MA / ARLINGTON / Commonwealth cycles, inc.

COMMONWEALTH CYCLES, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

COMMONWEALTH CYCLES, INC.

Borrower Address

1098 MASSACHUSETTS AVE

Borrower City

ARLINGTON

Borrower State

MA

Borrower Zip

02476-4328

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294275.00

Current Approval Amount

294275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32688

Servicing Lender Name

Brookline Bank

Servicing Lender Address

2 Harvard St

Servicing Lender City

BROOKLINE

Servicing Lender State

MA

Servicing Lender Zip

02445-7905

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02476-4328

CD

MA-05

Jobs Reported

47

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

294275.00

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

32688

Originating Lender

Brookline Bank

Originating Lender City

BROOKLINE

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

297798.13

Forgiveness Date

07/02/2021

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