PPP Loan information for Newport cycling llc

$22,651

Newport cycling llc was initially approved for PPP Loan of amount $22,651, the current approved amount is $22,651. The loan was approved on 01/26/2021 by The BankNewport reported 14 jobs and $22,651 was used to fund payroll.

Newport cycling llc is Existing or more than 2 years old

NEWPORT CYCLING LLC

Date Approved

01/26/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

NEWPORT CYCLING LLC

Borrower Address

371 Putnam Pike

Borrower City

Smithfield

Borrower State

RI

Borrower Zip

02917-2440

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22650.55

Current Approval Amount

22650.55

Undisbursed Amount

0.00

Franchise Name

CycleBar

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smithfield

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-2440

CD

RI-01

Jobs Reported

14

NAICS Code

713940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

22648.55

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

Limited Liability Company(LLC)

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22700.31

Forgiveness Date

07/12/2021

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