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
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
Project County Name
ALAMANCE
Project State
Project Zip
CD
NC-04
Jobs Reported
22
NAICS Code
452990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
152732.40
Forgiveness Date
12/22/2020