PPP Loan information for Seven cycles inc.

$240,409

Seven cycles inc. was initially approved for PPP Loan of amount $240,409, the current approved amount is $240,409. The loan was approved on 03/23/2021 by The Cambridge Savings Bank reported 24 jobs and $240,409 was used to fund payroll.

Seven cycles inc. is Existing or more than 2 years old

PPP Loan Search / MA / Watertown / Seven cycles inc.

SEVEN CYCLES INC.

Date Approved

03/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SEVEN CYCLES INC.

Borrower Address

125 Walnut St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-4026

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

240409.32

Current Approval Amount

240409.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-4026

CD

MA-05

Jobs Reported

24

NAICS Code

336991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

240407.32

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243043.94

Forgiveness Date

04/29/2022

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