# PPP loan: C&C CUSTOM CYCLE, INC
> **$197K** approved 04/03/2020 · Paid in Full · Loan `4564517009`
## Borrower
- **Name:** C&C CUSTOM CYCLE, INC
- **Address:** 130 East Lincoln, CHARITON, IA, 50049-2121
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $191K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $33K
- **Utilities:** $11K
- **Jobs reported:** 42
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*