PPP Loan information for Seven cycles, inc.

$242,016

Seven cycles, inc. was initially approved for PPP Loan of amount $242,016, the current approved amount is $242,016. The loan was approved on 04/08/2020 by The Cambridge Savings Bank reported 23 jobs and $242,016 was used to fund payroll.

Seven cycles, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WATERTOWN / Seven cycles, inc.

SEVEN CYCLES, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SEVEN CYCLES, INC.

Borrower Address

125 WALNUT ST

Borrower City

WATERTOWN

Borrower State

MA

Borrower Zip

02472-4026

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242016.00

Current Approval Amount

242016.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-4026

CD

MA-05

Jobs Reported

23

NAICS Code

336991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60504.00

Payroll Proceed

181512.00

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244323.44

Forgiveness Date

04/01/2021

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