# PPP loan: CYCLES OF JACKSONVILLE
> **$180K** approved 04/14/2020 · Paid in Full · Loan `6293427100`
## Borrower
- **Name:** CYCLES OF JACKSONVILLE
- **Address:** 8209 ATLANTIC BLVD, JACKSONVILLE, FL, 32211-8733
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Mortgage interest:** $12K
- **Utilities:** $12K
- **Debt interest:** $12K
- **Jobs reported:** 33
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*