ABSOLUTE PERFORMANCE CYCLES, INC. (VA) - 2020 PPP Loan Borrower Profile (# 2295127404)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ABSOLUTE PERFORMANCE 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 Virginia.
Loan Detail
Loan Number
2295127404
SBA Office Code
0304
Processing Method
PPP
Curent Loan Amount
$28,365
Date Loan was Approved
May 5, 2020
Amount Forgiven
$28,799.41
Date Loan was Forgiven
Nov 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
28,365
Lender
Cross River Bank
Business Detail
Business Type
Corporation
NAICS
811111
Borrower Location
Newport News, VA
Project Location
Newport News, VA
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
4
Business Age Description
Unanswered
Data Source: SBA.