PPP Loan information for National cycle inc

$1,111,463

National cycle inc was initially approved for PPP Loan of amount $1,111,463, the current approved amount is $1,111,463. The loan was approved on 04/08/2020 by The Wintrust Bank, National Association reported 108 jobs and $1,111,463 was used to fund payroll.

National cycle inc is Existing or more than 2 years old

PPP Loan Search / IL / MAYWOOD / National cycle inc

NATIONAL CYCLE INC

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

NATIONAL CYCLE INC

Borrower Address

2200 S Maywood Dr

Borrower City

MAYWOOD

Borrower State

IL

Borrower Zip

60153-1745

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1111463.00

Current Approval Amount

1111463.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119179

Servicing Lender Name

Wintrust Bank, National Association

Servicing Lender Address

231 S LaSalle St, 13th Fl

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60604-1471

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAYWOOD

Project County Name

COOK

Project State

IL

Project Zip

60153-1745

CD

IL-07

Jobs Reported

108

NAICS Code

336991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

138932.88

Payroll Proceed

833597.25

Mortgage Interest Proceed

0.00

Rent Proceed

138932.87

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119179

Originating Lender

Wintrust Bank, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1123256.86

Forgiveness Date

05/05/2021

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