PPP Loan information for K&w cycle

$234,163

K&w cycle was initially approved for PPP Loan of amount $234,163, the current approved amount is $234,163. The loan was approved on 01/25/2021 by The First Merchants Bank reported 20 jobs and $234,163 was used to fund payroll.

K&w cycle is Existing or more than 2 years old

PPP Loan Search / MI / Shelby Township / K&w cycle

K&W CYCLE

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

K&W CYCLE

Borrower Address

4090 Auburn Rd

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48317-4000

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

234162.50

Current Approval Amount

234162.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48317-4000

CD

MI-10

Jobs Reported

20

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

234157.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236452.80

Forgiveness Date

01/19/2022

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