PPP Loan information for The cycle effect

$75,600

The cycle effect was initially approved for PPP Loan of amount $75,600, the current approved amount is $75,600. The loan was approved on 04/07/2020 by The First Western Trust Bank reported 6 jobs and $75,600 was used to fund payroll.

The cycle effect is Existing or more than 2 years old

THE CYCLE EFFECT

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

THE CYCLE EFFECT

Borrower Address

116 E 3RD ST

Borrower City

EAGLE

Borrower State

CO

Borrower Zip

81631-6499

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75600.00

Current Approval Amount

75600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

373048

Servicing Lender Name

First Western Trust Bank

Servicing Lender Address

1900 16th St, Ste 1200

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80202-5251

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAGLE

Project County Name

EAGLE

Project State

CO

Project Zip

81631-6499

CD

CO-02

Jobs Reported

6

NAICS Code

624110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75600.00

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

Non-Profit Organization

Originating Lender Location Id

373048

Originating Lender

First Western Trust Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

75973.80

Forgiveness Date

10/13/2020

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