PPP Loan information for Michael's cycles, inc.

$54,640

Michael's cycles, inc. was initially approved for PPP Loan of amount $54,640, the current approved amount is $54,640. The loan was approved on 05/14/2020 by The Celtic Bank Corporation reported 10 jobs and $54,640 was used to fund payroll.

Michael's cycles, inc. is Existing or more than 2 years old

PPP Loan Search / WI / Janesville / Michael's cycles, inc.

MICHAEL'S CYCLES, INC.

Date Approved

05/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MICHAEL'S CYCLES, INC.

Borrower Address

2716 North Pontiac Drive

Borrower City

Janesville

Borrower State

WI

Borrower Zip

53545

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54640.00

Current Approval Amount

54640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Janesville

Project County Name

ROCK

Project State

WI

Project Zip

53545-0100

CD

WI-01

Jobs Reported

10

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6830.00

Payroll Proceed

40980.00

Mortgage Interest Proceed

0.00

Rent Proceed

6830.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55241.79

Forgiveness Date

07/09/2021

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