Cycle Specialties INC

$50,890 PPP Loan in Laurel, Maryland

Loan Details

Loan Number
7089127101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$50,890
Current Approval
$50,890
Forgiveness Amount
$51,279
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cycle Specialties INC
Address
14445 Baltimore Ave
City
Laurel
ZIP Code
20707
Business Type
Corporation
Industry (NAICS)
Manufacturing (336991)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$38,168
Utilities
$12,723

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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