PPP Loan information for Southern cycle center inc

$141,511

Southern cycle center inc was initially approved for PPP Loan of amount $141,511, the current approved amount is $141,511. The loan was approved on 04/27/2020 by The Community First Bank reported 13 jobs and $141,511 was used to fund payroll.

Southern cycle center inc is Existing or more than 2 years old

SOUTHERN CYCLE CENTER INC

Date Approved

04/27/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SOUTHERN CYCLE CENTER INC

Borrower Address

3011 LOYOLA DR

Borrower City

KENNER

Borrower State

LA

Borrower Zip

70065-4136

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141511.40

Current Approval Amount

141511.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123984

Servicing Lender Name

Community First Bank

Servicing Lender Address

1101 E Admiral Doyle Dr

Servicing Lender City

NEW IBERIA

Servicing Lender State

LA

Servicing Lender Zip

70560-6300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KENNER

Project County Name

JEFFERSON

Project State

LA

Project Zip

70065-4136

CD

LA-02

Jobs Reported

13

NAICS Code

441210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

125611.40

Mortgage Interest Proceed

12400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123984

Originating Lender

Community First Bank

Originating Lender City

NEW IBERIA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142871.48

Forgiveness Date

04/19/2021

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