PPP Loan information for Blx, inc.

$424,800

Blx, inc. was initially approved for PPP Loan of amount $424,800, the current approved amount is $424,800. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 24 jobs and $424,800 was used to fund payroll.

Blx, inc. is Existing or more than 2 years old

BLX, INC.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BLX, INC.

Borrower Address

118 3rd Ave SE Ste 430

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52401-1404

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424800.00

Current Approval Amount

424800.00

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

52401-1404

CD

IA-02

Jobs Reported

24

NAICS Code

484121

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

424800.00

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

428033.20

Forgiveness Date

01/20/2021

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