PPP Loan information for Bluefield cycles inc

$515,510

Bluefield cycles inc was initially approved for PPP Loan of amount $566,800, the current approved amount is $515,510. The loan was approved on 04/10/2020 by The Truist Bank reported 47 jobs and $515,510 was used to fund payroll.

Bluefield cycles inc is Existing or more than 2 years old

PPP Loan Search / WV / BLUEFIELD / Bluefield cycles inc

BLUEFIELD CYCLES INC

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BLUEFIELD CYCLES INC

Borrower Address

109 BLAND ST

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-3015

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566800.00

Current Approval Amount

515510.00

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

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLUEFIELD

Project County Name

MERCER

Project State

WV

Project Zip

24701-0001

CD

WV-01

Jobs Reported

47

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

515510.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

520536.22

Forgiveness Date

04/14/2021

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