# PPP loan: ESCONDIDO CYCLE CENTER, INC.
> **$290K** approved 05/01/2020 · Paid in Full · Loan `7851467700`
## Borrower
- **Name:** ESCONDIDO CYCLE CENTER, INC.
- **Address:** 1415 Montiel Road, Escondido, CA, 92026
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Jobs reported:** 24
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*