PPP Loan information for Cycle city company, inc.

$113,458

Cycle city company, inc. was initially approved for PPP Loan of amount $113,458, the current approved amount is $113,458. The loan was approved on 04/08/2020 by The Sterling State Bank reported 11 jobs and $113,458 was used to fund payroll.

Cycle city company, inc. is Existing or more than 2 years old

CYCLE CITY COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CYCLE CITY COMPANY, INC.

Borrower Address

5600 HIGHWAY 63 S

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-8454

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113457.50

Current Approval Amount

113457.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-8454

CD

MN-01

Jobs Reported

11

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113457.50

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

114371.46

Forgiveness Date

01/26/2021

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