PPP Loan information for Life long cycles, inc

$242,335

Life long cycles, inc was initially approved for PPP Loan of amount $242,335, the current approved amount is $242,335. The loan was approved on 04/28/2020 by The American Express National Bank reported 27 jobs and $242,335 was used to fund payroll.

Life long cycles, inc is Existing or more than 2 years old

LIFE LONG CYCLES, INC

Date Approved

04/28/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

LIFE LONG CYCLES, INC

Borrower Address

215 northern blvd

Borrower City

Great Neck

Borrower State

NY

Borrower Zip

11021

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242335.00

Current Approval Amount

242335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Great Neck

Project County Name

NASSAU

Project State

NY

Project Zip

11021-1000

CD

NY-03

Jobs Reported

27

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12116.75

Payroll Proceed

181751.25

Mortgage Interest Proceed

0.00

Rent Proceed

48467.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244877.86

Forgiveness Date

05/27/2021

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