PPP Loan information for Cycle city inc.

$171,900

Cycle city inc. was initially approved for PPP Loan of amount $171,900, the current approved amount is $171,900. The loan was approved on 04/04/2020 by The Baybank reported 21 jobs and $171,900 was used to fund payroll.

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

PPP Loan Search / MI / ESCANABA / Cycle city inc.

CYCLE CITY INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CYCLE CITY INC.

Borrower Address

6751 COUNTY 426 M.5 RD

Borrower City

ESCANABA

Borrower State

MI

Borrower Zip

49829-9567

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171900.00

Current Approval Amount

171900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34949

Servicing Lender Name

Baybank

Servicing Lender Address

104 S 10th St

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1528

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESCANABA

Project County Name

DELTA

Project State

MI

Project Zip

49829-9567

CD

MI-01

Jobs Reported

21

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

171900.00

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

34949

Originating Lender

Baybank

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

173375.48

Forgiveness Date

02/11/2021

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