Worksman Cycles Company INC

$495,255 PPP Loan in Conway, South Carolina

Loan Details

Loan Number
3042997207
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$495,255
Current Approval
$495,255
Forgiveness Amount
$502,805
Forgiveness Date
Nov 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Worksman Cycles Company INC
Address
2449 Bulk Plant Rd
City
Conway
ZIP Code
29526
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336991)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$14.4M
Rural/Urban
Rural
Congressional District
SC-07

Loan Use Breakdown

Payroll
$396,204
Rent
$65,000
Utilities
$34,051

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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