PPP Loan information for Carolina cyclesports, lp

$161,700

Carolina cyclesports, lp was initially approved for PPP Loan of amount $164,048, the current approved amount is $161,700. The loan was approved on 04/09/2020 by The Truist Bank reported 22 jobs and $161,700 was used to fund payroll.

Carolina cyclesports, lp is Existing or more than 2 years old

CAROLINA CYCLESPORTS, LP

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA CYCLESPORTS, LP

Borrower Address

2215 HANFORD RD

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27215-7014

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164047.50

Current Approval Amount

161700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-7014

CD

NC-04

Jobs Reported

22

NAICS Code

452990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

161700.00

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

Limited Liability Partnership

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152732.40

Forgiveness Date

12/22/2020

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