PPP Loan information for Cmt highway llc

$195,500

Cmt highway llc was initially approved for PPP Loan of amount $230,100, the current approved amount is $195,500. The loan was approved on 04/08/2020 by The First Central State Bank reported 36 jobs and $195,500 was used to fund payroll.

Cmt highway llc is Existing or more than 2 years old

PPP Loan Search / IA / DURANT / Cmt highway llc

CMT HIGHWAY LLC

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CMT HIGHWAY LLC

Borrower Address

401 6th Ave.

Borrower City

DURANT

Borrower State

IA

Borrower Zip

52747-7725

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230100.00

Current Approval Amount

195500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

CEDAR

Project State

IA

Project Zip

52747-7725

CD

IA-01

Jobs Reported

36

NAICS Code

331210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

188500.00

Mortgage Interest Proceed

3500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

197021.15

Forgiveness Date

01/20/2021

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