PPP Loan information for The cycle center inc

$24,100

The cycle center inc was initially approved for PPP Loan of amount $24,100, the current approved amount is $24,100. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 3 jobs and $24,100 was used to fund payroll.

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

THE CYCLE CENTER INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE CYCLE CENTER INC

Borrower Address

13388 LOVERS LN

Borrower City

CULPEPER

Borrower State

VA

Borrower Zip

22701-4151

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24100.00

Current Approval Amount

24100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CULPEPER

Project County Name

CULPEPER

Project State

VA

Project Zip

22701-4151

CD

VA-07

Jobs Reported

3

NAICS Code

811490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24100.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23864.91

Forgiveness Date

12/14/2020

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