PPP Loan information for South main cycles llc

$46,696

South main cycles llc was initially approved for PPP Loan of amount $46,696, the current approved amount is $46,696. The loan was approved on 01/21/2021 by The Loan Source Incorporated reported 7 jobs and $46,696 was used to fund payroll.

South main cycles llc is Existing or more than 2 years old

SOUTH MAIN CYCLES LLC

Date Approved

01/21/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOUTH MAIN CYCLES LLC

Borrower Address

4 N Main St

Borrower City

Belmont

Borrower State

NC

Borrower Zip

28012-3102

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46696.00

Current Approval Amount

46696.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belmont

Project County Name

GASTON

Project State

NC

Project Zip

28012-3102

CD

NC-14

Jobs Reported

7

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46694.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47029.91

Forgiveness Date

10/25/2021

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