# PPP loan: COMMONWEALTH CYCLES, INC.
> **$294K** approved 04/09/2020 · Paid in Full · Loan `9597777005`
## Borrower
- **Name:** COMMONWEALTH CYCLES, INC.
- **Address:** 1098 MASSACHUSETTS AVE, ARLINGTON, MA, 02476-4328
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Jobs reported:** 47
## Lender
- **Originating:** Brookline Bank
- **Servicing:** Brookline Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*