K&T CYCLES, INC (WV) - 2020 PPP Loan Borrower Profile (# 3329588108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to K&T 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 West Virginia.

Loan Detail

Loan Number

3329588108

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$154,800

Date Loan was Approved

Jul 14, 2020

Amount Forgiven

$155,935.2

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

143,603

Health Care Proceed

11,197

Lender

FNB Bank, Inc.

Business Detail

Business Type

Subchapter S Corporation

NAICS

441210

Borrower Location

ROMNEY, WV

Project Location

ROMNEY, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.