PPP Loan information for Cycles of wytheville

$129,400

Cycles of wytheville was initially approved for PPP Loan of amount $129,400, the current approved amount is $129,400. The loan was approved on 02/27/2021 by The The First Bank and Trust Company reported 15 jobs and $129,400 was used to fund payroll.

Cycles of wytheville is Existing or more than 2 years old

CYCLES OF WYTHEVILLE

Date Approved

02/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CYCLES OF WYTHEVILLE

Borrower Address

2073 Chapman Rd

Borrower City

Wytheville

Borrower State

VA

Borrower Zip

24382-4311

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129400.00

Current Approval Amount

129400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wytheville

Project County Name

WYTHE

Project State

VA

Project Zip

24382-4311

CD

VA-09

Jobs Reported

15

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

129397.00

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

Partnership

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130924.04

Forgiveness Date

05/13/2022

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