PPP Loan information for Cycling resources inc.

$201,936

Cycling resources inc. was initially approved for PPP Loan of amount $201,936, the current approved amount is $201,936. The loan was approved on 01/25/2021 by The Readycap Lending, LLC reported 30 jobs and $201,936 was used to fund payroll.

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

CYCLING RESOURCES INC.

Date Approved

01/25/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

CYCLING RESOURCES INC.

Borrower Address

478 Millcreek Dr

Borrower City

Moab

Borrower State

UT

Borrower Zip

84532-2848

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

201936.00

Current Approval Amount

201936.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

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

84532-2848

CD

UT-03

Jobs Reported

30

NAICS Code

721214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201936.00

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

202865.46

Forgiveness Date

07/21/2021

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