PPP Loan information for Rpm cycles, inc

$57,100

Rpm cycles, inc was initially approved for PPP Loan of amount $57,100, the current approved amount is $57,100. The loan was approved on 04/08/2020 by The First Bank reported 4 jobs and $57,100 was used to fund payroll.

Rpm cycles, inc is Existing or more than 2 years old

RPM CYCLES, INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RPM CYCLES, INC

Borrower Address

1510 US Highway 52

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57100.00

Current Approval Amount

57100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-0001

CD

NC-08

Jobs Reported

4

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57100.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57598.04

Forgiveness Date

03/08/2021

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