PPP Loan information for Nitro cyclery inc

$202,100

Nitro cyclery inc was initially approved for PPP Loan of amount $202,100, the current approved amount is $202,100. The loan was approved on 06/26/2020 by The Queensborough National Bank and Trust Company reported 41 jobs and $202,100 was used to fund payroll.

Nitro cyclery inc is Existing or more than 2 years old

NITRO CYCLERY INC

Date Approved

06/26/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

NITRO CYCLERY INC

Borrower Address

317 W BRYAN ST

Borrower City

SAVANNAH

Borrower State

GA

Borrower Zip

31401-2426

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202100.00

Current Approval Amount

202100.00

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

N

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

41

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20210.00

Payroll Proceed

161680.00

Mortgage Interest Proceed

20210.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204457.83

Forgiveness Date

08/30/2021

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