PPP Loan information for King cycle group inc.

$717,900

King cycle group inc. was initially approved for PPP Loan of amount $717,900, the current approved amount is $717,900. The loan was approved on 04/10/2020 by The Loan Source Incorporated reported 70 jobs and $717,900 was used to fund payroll.

King cycle group inc. is Existing or more than 2 years old

KING CYCLE GROUP INC.

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

KING CYCLE GROUP INC.

Borrower Address

2801 NW Nela Street

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97210-1715

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

717900.00

Current Approval Amount

717900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97210-1715

CD

OR-01

Jobs Reported

70

NAICS Code

336991

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

717900.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

726377.12

Forgiveness Date

06/22/2021

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