PPP Loan information for Independent cycle inc

$243,742

Independent cycle inc was initially approved for PPP Loan of amount $243,742, the current approved amount is $243,742. The loan was approved on 04/09/2020 by The First Interstate Bank reported 25 jobs and $243,742 was used to fund payroll.

Independent cycle inc is Existing or more than 2 years old

PPP Loan Search / SD / STURGIS / Independent cycle inc

INDEPENDENT CYCLE INC

Date Approved

04/09/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

INDEPENDENT CYCLE INC

Borrower Address

3461 Whitewood Service Road

Borrower City

STURGIS

Borrower State

SD

Borrower Zip

57785

Loan Status Date

04/30/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243742.00

Current Approval Amount

243742.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STURGIS

Project County Name

MEADE

Project State

SD

Project Zip

57785-0001

CD

SD-

Jobs Reported

25

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243742.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235195.68

Forgiveness Date

11/25/2020

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