Midway Cycle, Inc.

$68,365 PPP Loan in Madison, Alabama

Loan Details

Loan Number
6139647207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$68,365
Current Approval
$68,365
Forgiveness Amount
$69,066
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midway Cycle, Inc.
Address
13550 Hatchett Rd E
State
Alabama
ZIP Code
35757
Business Type
Corporation
Industry (NAICS)
Retail Trade (441221)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AL-05

Loan Use Breakdown

Payroll
$58,365
Rent
$5,000
Utilities
$5,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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