PPP Loan information for Cryomagnetics, inc.

$414,080

Cryomagnetics, inc. was initially approved for PPP Loan of amount $414,080, the current approved amount is $414,080. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 44 jobs and $414,080 was used to fund payroll.

Cryomagnetics, inc. is Existing or more than 2 years old

CRYOMAGNETICS, INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CRYOMAGNETICS, INC.

Borrower Address

1006 ALVIN WEINBERG DR

Borrower City

OAK RIDGE

Borrower State

TN

Borrower Zip

37830

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414080.00

Current Approval Amount

414080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK RIDGE

Project County Name

ANDERSON

Project State

TN

Project Zip

37830-0600

CD

TN-03

Jobs Reported

44

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

414080.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

416689.27

Forgiveness Date

12/08/2020

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