# PPP loan: CYCLE CITY OF NEWNAN, INC
> **$191K** approved 04/30/2020 · Paid in Full · Loan `4936217309`
## Borrower
- **Name:** CYCLE CITY OF NEWNAN, INC
- **Address:** 66 Millard Farmer Ind Blvd, NEWNAN, GA, 30263-1077
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $191K
- **Jobs reported:** 22
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*