PPP Loan information for Midway cycle, inc.

$68,365

Midway cycle, inc. was initially approved for PPP Loan of amount $68,365, the current approved amount is $68,365. The loan was approved on 04/27/2020 by The PNC Bank, National Association reported 10 jobs and $68,365 was used to fund payroll.

Midway cycle, inc. is Existing or more than 2 years old

MIDWAY CYCLE, INC.

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MIDWAY CYCLE, INC.

Borrower Address

13550 Hatchett Rd E

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35757

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68365.00

Current Approval Amount

68365.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

AL

Project Zip

35757-2300

CD

AL-05

Jobs Reported

10

NAICS Code

441221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

58365.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

69065.74

Forgiveness Date

05/04/2021

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