PPP Loan information for Ashland cycle center, inc.

$30,215

Ashland cycle center, inc. was initially approved for PPP Loan of amount $30,215, the current approved amount is $30,215. The loan was approved on 04/13/2020 by The The Commercial Bank of Grayson reported 5 jobs and $30,215 was used to fund payroll.

Ashland cycle center, inc. is Existing or more than 2 years old

PPP Loan Search / KY / ASHLAND / Ashland cycle center, inc.

ASHLAND CYCLE CENTER, INC.

Date Approved

04/13/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ASHLAND CYCLE CENTER, INC.

Borrower Address

1301 Greenup Ave.

Borrower City

ASHLAND

Borrower State

KY

Borrower Zip

41101-7526

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30215.00

Current Approval Amount

30215.00

Undisbursed Amount

0.00

Franchise Name

Honda Powersports Sales and Service Agreements

Servicing Lender Location Id

27038

Servicing Lender Name

The Commercial Bank of Grayson

Servicing Lender Address

208 E Main St

Servicing Lender City

GRAYSON

Servicing Lender State

KY

Servicing Lender Zip

41143-1304

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

BOYD

Project State

KY

Project Zip

41101-7526

CD

KY-05

Jobs Reported

5

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7553.75

Payroll Proceed

22661.25

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

27038

Originating Lender

The Commercial Bank of Grayson

Originating Lender City

GRAYSON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

30409.53

Forgiveness Date

12/09/2020

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