PPP Loan information for Cts inc

$219,645

Cts inc was initially approved for PPP Loan of amount $219,645, the current approved amount is $219,645. The loan was approved on 01/29/2021 by The Umpqua Bank reported 11 jobs and $219,645 was used to fund payroll.

Cts inc is Existing or more than 2 years old

CTS INC

Date Approved

01/29/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

CTS INC

Borrower Address

1288 46th Ave

Borrower City

Sweet Home

Borrower State

OR

Borrower Zip

97386-3228

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219645.00

Current Approval Amount

219645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sweet Home

Project County Name

LINN

Project State

OR

Project Zip

97386-3228

CD

OR-04

Jobs Reported

11

NAICS Code

113110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

219643.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221654.90

Forgiveness Date

01/06/2022

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