EAST COAST CYCLES INC. (DE) - 2020 PPP Loan Borrower Profile (# 5251528502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to EAST COAST CYCLES INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

5251528502

SBA Office Code

0341

Processing Method

PPS

Curent Loan Amount

$140,000

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$140,912.88

Date Loan was Forgiven

Oct 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

139,999

Lender

Readycap Lending, LLC

Business Detail

Business Type

Corporation

NAICS

441228

Borrower Location

Bear, DE

Project Location

Bear, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.