PPP Loan information for Usa cycling inc.

$1,005,700

Usa cycling inc. was initially approved for PPP Loan of amount $1,005,700, the current approved amount is $1,005,700. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 62 jobs and $1,005,700 was used to fund payroll.

Usa cycling inc. is Existing or more than 2 years old

USA CYCLING INC.

Date Approved

04/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

USA CYCLING INC.

Borrower Address

210 USA Cycling Point 0.0

Borrower City

Colorado Springs

Borrower State

CO

Borrower Zip

80919-2215

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1005700.00

Current Approval Amount

1005700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Colorado Springs

Project County Name

EL PASO

Project State

CO

Project Zip

80919-2215

CD

CO-05

Jobs Reported

62

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

830000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130700.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1018786.39

Forgiveness Date

08/05/2021

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