PPP Loan information for Cycle & fitness ii inc

$94,960

Cycle & fitness ii inc was initially approved for PPP Loan of amount $94,960, the current approved amount is $94,960. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 15 jobs and $94,960 was used to fund payroll.

Cycle & fitness ii inc is Existing or more than 2 years old

CYCLE & FITNESS II INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CYCLE & FITNESS II INC

Borrower Address

29428 Woodward Ave

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48073

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94960.00

Current Approval Amount

94960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48073-0001

CD

MI-11

Jobs Reported

15

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

60960.00

Mortgage Interest Proceed

0.00

Rent Proceed

31000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95642.45

Forgiveness Date

01/07/2021

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