PPP Loan information for Eco lips, inc.

$701,300

Eco lips, inc. was initially approved for PPP Loan of amount $701,300, the current approved amount is $701,300. The loan was approved on 04/07/2020 by The Cedar Rapids Bank and Trust Company reported 57 jobs and $701,300 was used to fund payroll.

Eco lips, inc. is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Eco lips, inc.

ECO LIPS, INC.

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

ECO LIPS, INC.

Borrower Address

1199 44TH ST

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-1545

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

701300.00

Current Approval Amount

701300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-1545

CD

IA-02

Jobs Reported

57

NAICS Code

325412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

701300.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

708001.31

Forgiveness Date

03/31/2021

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