PPP Loan information for M r cycles inc

$367,100

M r cycles inc was initially approved for PPP Loan of amount $367,100, the current approved amount is $367,100. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 32 jobs and $367,100 was used to fund payroll.

M r cycles inc is New Business or 2 years or less

PPP Loan Search / NC / Asheville / M r cycles inc

M R CYCLES INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

M R CYCLES INC

Borrower Address

774 Hendersonville Rd

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28803-2925

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367100.00

Current Approval Amount

367100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28803-2925

CD

NC-11

Jobs Reported

32

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367100.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370972.15

Forgiveness Date

05/13/2021

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