PPP Loan information for Cts excavations llc

$403,970

Cts excavations llc was initially approved for PPP Loan of amount $403,970, the current approved amount is $403,970. The loan was approved on 04/07/2020 by The Bank Independent reported 35 jobs and $403,970 was used to fund payroll.

Cts excavations llc is Existing or more than 2 years old

CTS EXCAVATIONS LLC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CTS EXCAVATIONS LLC

Borrower Address

1238 Porter Road

Borrower City

SCOTTSBORO

Borrower State

AL

Borrower Zip

35768-3277

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403970.00

Current Approval Amount

403970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSBORO

Project County Name

JACKSON

Project State

AL

Project Zip

35768-3277

CD

AL-05

Jobs Reported

35

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

375970.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

396213.44

Forgiveness Date

11/03/2020

;