PPP Loan information for Nitro cyclery

$282,975

Nitro cyclery was initially approved for PPP Loan of amount $282,975, the current approved amount is $282,975. The loan was approved on 03/26/2021 by The Queensborough National Bank and Trust Company reported 25 jobs and $282,975 was used to fund payroll.

Nitro cyclery is Existing or more than 2 years old

NITRO CYCLERY

Date Approved

03/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

NITRO CYCLERY

Borrower Address

317 W Bryan St 317 W Bryant St

Borrower City

Savannah

Borrower State

GA

Borrower Zip

31401-2426

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

282975.00

Current Approval Amount

282975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19549

Servicing Lender Name

Queensborough National Bank and Trust Company

Servicing Lender Address

113 E Broad St

Servicing Lender City

LOUISVILLE

Servicing Lender State

GA

Servicing Lender Zip

30434-1619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Savannah

Project County Name

CHATHAM

Project State

GA

Project Zip

31401-2426

CD

GA-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

282974.00

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

19549

Originating Lender

Queensborough National Bank and Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

286567.21

Forgiveness Date

07/08/2022

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