PPP Loan information for Cumulus product development

$16,900

Cumulus product development was initially approved for PPP Loan of amount $16,900, the current approved amount is $16,900. The loan was approved on 04/16/2020 by The Customers Bank reported 2 jobs and $16,900 was used to fund payroll.

Cumulus product development is Existing or more than 2 years old

PPP Loan Search / NC / Holly Springs / Cumulus product development

CUMULUS PRODUCT DEVELOPMENT

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CUMULUS PRODUCT DEVELOPMENT

Borrower Address

7805 NC 42

Borrower City

Holly Springs

Borrower State

NC

Borrower Zip

27540

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16900.00

Current Approval Amount

16900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holly Springs

Project County Name

WAKE

Project State

NC

Project Zip

27540-0001

CD

NC-13

Jobs Reported

2

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16900.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17043.07

Forgiveness Date

03/24/2021

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