PPP Loan information for K&t cycles, inc

$154,800

K&t cycles, inc was initially approved for PPP Loan of amount $154,800, the current approved amount is $154,800. The loan was approved on 07/14/2020 by The FNB Bank, Inc. reported 19 jobs and $154,800 was used to fund payroll.

K&t cycles, inc is Existing or more than 2 years old

K&T CYCLES, INC

Date Approved

07/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

K&T CYCLES, INC

Borrower Address

51 INDUSTRIAL PARK

Borrower City

ROMNEY

Borrower State

WV

Borrower Zip

26757-1101

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154800.00

Current Approval Amount

154800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75394

Servicing Lender Name

FNB Bank, Inc.

Servicing Lender Address

105 N High St

Servicing Lender City

ROMNEY

Servicing Lender State

WV

Servicing Lender Zip

26757-1620

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROMNEY

Project County Name

HAMPSHIRE

Project State

WV

Project Zip

26757-1101

CD

WV-02

Jobs Reported

19

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143603.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11197.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

75394

Originating Lender

FNB Bank, Inc.

Originating Lender City

ROMNEY

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155935.20

Forgiveness Date

04/08/2021

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