PPP Loan information for Meridian cycles, inc.

$121,360

Meridian cycles, inc. was initially approved for PPP Loan of amount $121,360, the current approved amount is $121,360. The loan was approved on 04/15/2020 by The Great Southern Bank reported 11 jobs and $121,360 was used to fund payroll.

Meridian cycles, inc. is Existing or more than 2 years old

MERIDIAN CYCLES, INC.

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MERIDIAN CYCLES, INC.

Borrower Address

80 Hwy 19 N

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39307

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121360.00

Current Approval Amount

121360.00

Undisbursed Amount

0.00

Franchise Name

Honda Powersports Sales and Service Agreements

Servicing Lender Location Id

39708

Servicing Lender Name

Great Southern Bank

Servicing Lender Address

218 22nd Ave South

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5946

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39307-2400

CD

MS-03

Jobs Reported

11

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3800.00

Payroll Proceed

117560.00

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

39708

Originating Lender

Great Southern Bank

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122310.93

Forgiveness Date

02/02/2021

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