PPP Loan information for Cycle werks in barrington, inc.

$151,425

Cycle werks in barrington, inc. was initially approved for PPP Loan of amount $151,425, the current approved amount is $151,425. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 180 jobs and $151,425 was used to fund payroll.

Cycle werks in barrington, inc. is Existing or more than 2 years old

CYCLE WERKS IN BARRINGTON, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CYCLE WERKS IN BARRINGTON, INC.

Borrower Address

126 N COOK ST

Borrower City

BARRINGTON

Borrower State

IL

Borrower Zip

60010

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151425.00

Current Approval Amount

151425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARRINGTON

Project County Name

LAKE

Project State

IL

Project Zip

60010-0001

CD

IL-05

Jobs Reported

180

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2750.00

Payroll Proceed

129925.00

Mortgage Interest Proceed

0.00

Rent Proceed

18750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153028.51

Forgiveness Date

05/26/2021

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