PPP Loan information for Preston cycles west, llc

$275,000

Preston cycles west, llc was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/30/2020 by The WebBank reported 33 jobs and $275,000 was used to fund payroll.

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

PRESTON CYCLES WEST, LLC

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PRESTON CYCLES WEST, LLC

Borrower Address

1384 Southlake Parkway

Borrower City

Morrow

Borrower State

GA

Borrower Zip

30260

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morrow

Project County Name

CLAYTON

Project State

GA

Project Zip

30260-0001

CD

GA-13

Jobs Reported

33

NAICS Code

441228

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

279522.22

Forgiveness Date

12/14/2021

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