PPP Loan information for Classic industries inc

$129,540

Classic industries inc was initially approved for PPP Loan of amount $129,540, the current approved amount is $129,540. The loan was approved on 04/10/2020 by The Citizens Bank of Las Cruces reported 10 jobs and $129,540 was used to fund payroll.

Classic industries inc is Existing or more than 2 years old

PPP Loan Search / NM / DONA ANA / Classic industries inc

CLASSIC INDUSTRIES INC

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

CLASSIC INDUSTRIES INC

Borrower Address

PO BOX 434

Borrower City

DONA ANA

Borrower State

NM

Borrower Zip

88032-0434

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129540.00

Current Approval Amount

129540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45799

Servicing Lender Name

Citizens Bank of Las Cruces

Servicing Lender Address

505 S Main St

Servicing Lender City

LAS CRUCES

Servicing Lender State

NM

Servicing Lender Zip

88001-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DONA ANA

Project County Name

DONA ANA

Project State

NM

Project Zip

88032-0434

CD

NM-02

Jobs Reported

10

NAICS Code

236115

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

114000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10540.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45799

Originating Lender

Citizens Bank of Las Cruces

Originating Lender City

LAS CRUCES

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131126.87

Forgiveness Date

07/08/2021

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