PPP Loan information for Petes cycle co inc

$678,000

Petes cycle co inc was initially approved for PPP Loan of amount $678,000, the current approved amount is $678,000. The loan was approved on 04/08/2020 by The Truist Bank reported 50 jobs and $678,000 was used to fund payroll.

Petes cycle co inc is Existing or more than 2 years old

PPP Loan Search / MD / NOTTINGHAM / Petes cycle co inc

PETES CYCLE CO INC

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PETES CYCLE CO INC

Borrower Address

7511 BELAIR RD

Borrower City

NOTTINGHAM

Borrower State

MD

Borrower Zip

21236-4102

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

678000.00

Current Approval Amount

678000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOTTINGHAM

Project County Name

BALTIMORE

Project State

MD

Project Zip

21236-4102

CD

MD-02

Jobs Reported

50

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

678000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

687002.33

Forgiveness Date

08/19/2021

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