PPP Loan information for Preston cycles, llc

$354,895

Preston cycles, llc was initially approved for PPP Loan of amount $354,895, the current approved amount is $354,895. The loan was approved on 02/16/2021 by The First Palmetto Bank reported 33 jobs and $354,895 was used to fund payroll.

Preston cycles, llc is Existing or more than 2 years old

PPP Loan Search / SC / Elgin / Preston cycles, llc

PRESTON CYCLES, LLC

Date Approved

02/16/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PRESTON CYCLES, LLC

Borrower Address

190 Pontiac Business Center Dr

Borrower City

Elgin

Borrower State

SC

Borrower Zip

29045-9171

Loan Status Date

09/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

354895.35

Current Approval Amount

354895.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elgin

Project County Name

RICHLAND

Project State

SC

Project Zip

29045-9171

CD

SC-02

Jobs Reported

33

NAICS Code

441228

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

354891.35

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

Limited Liability Company(LLC)

Originating Lender Location Id

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

360277.93

Forgiveness Date

09/06/2022

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