Al Cycles, LLC

$326,009 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
5265217007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$326,009
Current Approval
$326,009
Forgiveness Amount
$328,152
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Al Cycles, LLC
Address
3260 Pleasant Valley Rd
City
Mobile
State
Alabama
ZIP Code
36606-2712
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441228)
Franchise
Harley Davidson - Motor Cycle Dealer Contract
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$260,807
Rent
$40,000
Mortgage Interest
$25,202

Lender Information

Servicing Lender
Sabine State Bank & Trust Company
Originating Lender
Sabine State Bank & Trust Company

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