PPP Loan information for Lynchburg cycles inc.

$36,800

Lynchburg cycles inc. was initially approved for PPP Loan of amount $36,800, the current approved amount is $36,800. The loan was approved on 04/05/2020 by The Select Bank reported 7 jobs and $36,800 was used to fund payroll.

Lynchburg cycles inc. is New Business or 2 years or less

PPP Loan Search / VA / FOREST / Lynchburg cycles inc.

LYNCHBURG CYCLES INC.

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LYNCHBURG CYCLES INC.

Borrower Address

1220 Goshen Rd

Borrower City

FOREST

Borrower State

VA

Borrower Zip

24551-3676

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36800.00

Current Approval Amount

36800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FOREST

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-3676

CD

VA-09

Jobs Reported

7

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36800.00

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37179.09

Forgiveness Date

04/27/2021

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