PPP Loan information for Wjc inc dba sport cycles

$350,000

Wjc inc dba sport cycles was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 04/08/2020 by The First Horizon Bank reported 27 jobs and $350,000 was used to fund payroll.

Wjc inc dba sport cycles is Existing or more than 2 years old

WJC INC DBA SPORT CYCLES

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WJC INC DBA SPORT CYCLES

Borrower Address

749 US Hwy 74 Bus E

Borrower City

ROCKINGHAM

Borrower State

NC

Borrower Zip

28379-7525

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

RICHMOND

Project State

NC

Project Zip

28379-7525

CD

NC-08

Jobs Reported

27

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

308800.00

Mortgage Interest Proceed

0.00

Rent Proceed

19200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

354491.67

Forgiveness Date

08/05/2021

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