PPP Loan information for Cycle city of newnan, inc

$191,118

Cycle city of newnan, inc was initially approved for PPP Loan of amount $191,118, the current approved amount is $191,118. The loan was approved on 04/30/2020 by The Truist Bank reported 22 jobs and $191,118 was used to fund payroll.

Cycle city of newnan, inc is Existing or more than 2 years old

CYCLE CITY OF NEWNAN, INC

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CYCLE CITY OF NEWNAN, INC

Borrower Address

66 Millard Farmer Ind Blvd

Borrower City

NEWNAN

Borrower State

GA

Borrower Zip

30263-1077

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191118.00

Current Approval Amount

191118.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWNAN

Project County Name

COWETA

Project State

GA

Project Zip

30263-1077

CD

GA-03

Jobs Reported

22

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

191118.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

192370.88

Forgiveness Date

12/31/2020

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