PPP Loan information for City ready mix inc

$540,100

City ready mix inc was initially approved for PPP Loan of amount $540,100, the current approved amount is $540,100. The loan was approved on 04/14/2020 by The International Bank of Commerce reported 56 jobs and $540,100 was used to fund payroll.

City ready mix inc is Existing or more than 2 years old

CITY READY MIX INC

Date Approved

04/14/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

CITY READY MIX INC

Borrower Address

1810 W MANN RD

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041

Loan Status Date

06/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540100.00

Current Approval Amount

540100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-0001

CD

TX-28

Jobs Reported

56

NAICS Code

327310

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

348900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

191200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

530251.07

Forgiveness Date

03/23/2021

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