PPP Loan information for Cpi telecommunications, inc.

$389,000

Cpi telecommunications, inc. was initially approved for PPP Loan of amount $389,000, the current approved amount is $389,000. The loan was approved on 04/05/2020 by The Bank Iowa reported 28 jobs and $389,000 was used to fund payroll.

Cpi telecommunications, inc. is Existing or more than 2 years old

PPP Loan Search / IA / WEST DES MOINES / Cpi telecommunications, inc.

CPI TELECOMMUNICATIONS, INC.

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CPI TELECOMMUNICATIONS, INC.

Borrower Address

6949 Vista DR

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50266-9309

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

389000.00

Current Approval Amount

389000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST DES MOINES

Project County Name

DALLAS

Project State

IA

Project Zip

50266-9309

CD

IA-03

Jobs Reported

28

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

291800.00

Mortgage Interest Proceed

0.00

Rent Proceed

97200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391971.53

Forgiveness Date

01/19/2021

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