PPP Loan information for Heart of dixie cycle inc.

$512,400

Heart of dixie cycle inc. was initially approved for PPP Loan of amount $512,400, the current approved amount is $512,400. The loan was approved on 04/13/2020 by The Truist Bank reported 50 jobs and $512,400 was used to fund payroll.

Heart of dixie cycle inc. is Existing or more than 2 years old

PPP Loan Search / AL / PELHAM / Heart of dixie cycle inc.

HEART OF DIXIE CYCLE INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HEART OF DIXIE CYCLE INC.

Borrower Address

333 Cahaba Valley Pkwy

Borrower City

PELHAM

Borrower State

AL

Borrower Zip

35124-1125

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512400.00

Current Approval Amount

512400.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELHAM

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1125

CD

AL-06

Jobs Reported

50

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

512400.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

517210.87

Forgiveness Date

04/02/2021

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