PPP Loan information for Canaan industries llc

$85,000

Canaan industries llc was initially approved for PPP Loan of amount $93,500, the current approved amount is $85,000. The loan was approved on 04/06/2020 by The Community State Bank reported 7 jobs and $85,000 was used to fund payroll.

Canaan industries llc is Existing or more than 2 years old

PPP Loan Search / WI / RACINE / Canaan industries llc

CANAAN INDUSTRIES LLC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

CANAAN INDUSTRIES LLC

Borrower Address

Canaan Industries LLC

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53403

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53403-0001

CD

WI-01

Jobs Reported

7

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4700.00

Payroll Proceed

73300.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

85721.92

Forgiveness Date

02/19/2021

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