PPP Loan information for Gulf cycle distributors, inc.

$80,400

Gulf cycle distributors, inc. was initially approved for PPP Loan of amount $80,400, the current approved amount is $80,400. The loan was approved on 04/30/2020 by The Regions Bank reported 12 jobs and $80,400 was used to fund payroll.

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

PPP Loan Search / LA / Kenner / Gulf cycle distributors, inc.

GULF CYCLE DISTRIBUTORS, INC.

Date Approved

04/30/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

GULF CYCLE DISTRIBUTORS, INC.

Borrower Address

1908 West Esplanade Avenue,

Borrower City

Kenner

Borrower State

LA

Borrower Zip

70065

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80400.00

Current Approval Amount

80400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kenner

Project County Name

JEFFERSON

Project State

LA

Project Zip

70065-1000

CD

LA-01

Jobs Reported

12

NAICS Code

423830

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80400.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81237.04

Forgiveness Date

06/04/2021

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