PPP Loan information for Blx inc

$424,835

Blx inc was initially approved for PPP Loan of amount $424,835, the current approved amount is $424,835. The loan was approved on 02/19/2021 by The Cedar Rapids Bank and Trust Company reported 24 jobs and $424,835 was used to fund payroll.

Blx inc is Existing or more than 2 years old

PPP Loan Search / IA / Cedar Rapids / Blx inc

BLX INC

Date Approved

02/19/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

BLX INC

Borrower Address

118 3rd Ave SE Ste 200

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52401-1408

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

424835.00

Current Approval Amount

424835.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52401-1408

CD

IA-02

Jobs Reported

24

NAICS Code

484121

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

424833.00

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

Non-Veteran

Non Profit

Forgiveness Amount

429036.15

Forgiveness Date

02/16/2022

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