PPP Loan information for Cmc business systems, inc.

$230,500

Cmc business systems, inc. was initially approved for PPP Loan of amount $230,500, the current approved amount is $230,500. The loan was approved on 04/27/2020 by The Prosperity Bank reported 14 jobs and $230,500 was used to fund payroll.

Cmc business systems, inc. is Existing or more than 2 years old

CMC BUSINESS SYSTEMS, INC.

Date Approved

04/27/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

CMC BUSINESS SYSTEMS, INC.

Borrower Address

8000 HIGHWAY 80

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79706-2880

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230500.00

Current Approval Amount

230500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-2880

CD

TX-11

Jobs Reported

14

NAICS Code

423410

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230500.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232644.93

Forgiveness Date

03/31/2021

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