PPP Loan information for Mid-south cycle inc

$266,000

Mid-south cycle inc was initially approved for PPP Loan of amount $266,000, the current approved amount is $266,000. The loan was approved on 04/07/2020 by The Legends Bank reported 29 jobs and $266,000 was used to fund payroll.

Mid-south cycle inc is Existing or more than 2 years old

MID-SOUTH CYCLE INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MID-SOUTH CYCLE INC

Borrower Address

730 ECONOMY DR

Borrower City

CLARKSVILLE

Borrower State

TN

Borrower Zip

37043-2429

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266000.00

Current Approval Amount

266000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123233

Servicing Lender Name

Legends Bank

Servicing Lender Address

310 N First St

Servicing Lender City

Clarksville

Servicing Lender State

TN

Servicing Lender Zip

37040

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSVILLE

Project County Name

MONTGOMERY

Project State

TN

Project Zip

37043-2429

CD

TN-07

Jobs Reported

29

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

266000.00

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

123233

Originating Lender

Legends Bank

Originating Lender City

Clarksville

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257536.00

Forgiveness Date

11/19/2020

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