CYCLE RACKS INC (ID) - 2020 PPP Loan Borrower Profile (# 5658898608)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CYCLE RACKS 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 Idaho.

Loan Detail

Loan Number

5658898608

SBA Office Code

1087

Processing Method

PPP

Curent Loan Amount

$2,840

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$2,860.7

Date Loan was Forgiven

Dec 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

2,838

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

454390

Borrower Location

Kuna, ID

Project Location

Kuna, ID

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.