PPP Loan information for South main cycles, llc

$50,150

South main cycles, llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,150. The loan was approved on 04/14/2020 by The BayFirst National Bank reported 7 jobs and $50,150 was used to fund payroll.

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

PPP Loan Search / NC / BELMONT / South main cycles, llc

SOUTH MAIN CYCLES, LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

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

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123499

Servicing Lender Name

BayFirst National Bank

Servicing Lender Address

700 Central Avenue

Servicing Lender City

Saint Petersburg

Servicing Lender State

FL

Servicing Lender Zip

33701

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

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50150.00

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

50434.18

Forgiveness Date

11/25/2020

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