PPP Loan information for Rommel cycles llc

$482,703

Rommel cycles llc was initially approved for PPP Loan of amount $729,200, the current approved amount is $482,703. The loan was approved on 04/15/2020 by The Customers Bank reported 74 jobs and $482,703 was used to fund payroll.

Rommel cycles llc is Existing or more than 2 years old

PPP Loan Search / MD / Annapolis / Rommel cycles llc

ROMMEL CYCLES LLC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ROMMEL CYCLES LLC

Borrower Address

30 Hudson Street

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21401

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729200.00

Current Approval Amount

482703.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Annapolis

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-0001

CD

MD-03

Jobs Reported

74

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

482703.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

488019.35

Forgiveness Date

06/11/2021

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