PPP Loan information for Midland cycles, inc

$205,263

Midland cycles, inc was initially approved for PPP Loan of amount $205,263, the current approved amount is $205,263. The loan was approved on 04/15/2020 by The Community National Bank reported 21 jobs and $205,263 was used to fund payroll.

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

PPP Loan Search / TX / MIDLAND / Midland cycles, inc

MIDLAND CYCLES, INC

Date Approved

04/15/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

MIDLAND CYCLES, INC

Borrower Address

5800 HIGHWAY 80

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79706-2871

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205262.75

Current Approval Amount

205262.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71446

Servicing Lender Name

Community National Bank

Servicing Lender Address

500 W Illinios Ave

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79701-4234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-2871

CD

TX-11

Jobs Reported

21

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205262.75

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

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206494.33

Forgiveness Date

11/27/2020

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