PPP Loan information for Cycling resources, inc.

$173,400

Cycling resources, inc. was initially approved for PPP Loan of amount $173,400, the current approved amount is $173,400. The loan was approved on 04/15/2020 by The Customers Bank reported 31 jobs and $173,400 was used to fund payroll.

Cycling resources, inc. is Existing or more than 2 years old

CYCLING RESOURCES, INC.

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

CYCLING RESOURCES, INC.

Borrower Address

478 Mill Creek Drive

Borrower City

Moab

Borrower State

UT

Borrower Zip

84532

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173400.00

Current Approval Amount

173400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Moab

Project County Name

GRAND

Project State

UT

Project Zip

84532-0001

CD

UT-03

Jobs Reported

31

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173400.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

174720.69

Forgiveness Date

02/11/2021

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