PPP Loan information for City laundering company

$1,010,000

City laundering company was initially approved for PPP Loan of amount $1,010,000, the current approved amount is $1,010,000. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 108 jobs and $1,010,000 was used to fund payroll.

City laundering company is Existing or more than 2 years old

CITY LAUNDERING COMPANY

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CITY LAUNDERING COMPANY

Borrower Address

1700 South Frederick Ave.

Borrower City

OELWEIN

Borrower State

IA

Borrower Zip

50662-3101

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1010000.00

Current Approval Amount

1010000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OELWEIN

Project County Name

FAYETTE

Project State

IA

Project Zip

50662-3101

CD

IA-02

Jobs Reported

108

NAICS Code

812331

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1010000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1019061.94

Forgiveness Date

03/10/2021

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