Date Approved
04/13/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
BREWER CYCLES INC
Borrower Address
420 Warrenton Rd
Borrower City
HENDERSON
Borrower State
NC
Borrower Zip
27537-8269
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
344837.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
44449
Servicing Lender Name
PNC Bank, National Association
Servicing Lender Address
222 Delaware Ave
Servicing Lender City
WILMINGTON
Servicing Lender State
DE
Servicing Lender Zip
19801-1621
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
VANCE
Project State
Project Zip
CD
NC-01
Jobs Reported
33
NAICS Code
441221
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
258627.75
Mortgage Interest Proceed
43104.62
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
43104.63
Business Type
Corporation
Originating Lender Location Id
102000
Originating Lender
First Source FCU
Originating Lender City
NEW HARTFORD
Originating Lender State
NY
Gender
Veteran
Non Profit
Forgiveness Amount
347423.28
Forgiveness Date
01/19/2021