PPP Loan information for Capital city equipment company

$866,000

Capital city equipment company was initially approved for PPP Loan of amount $866,000, the current approved amount is $866,000. The loan was approved on 04/03/2020 by The Charter Bank reported 62 jobs and $866,000 was used to fund payroll.

Capital city equipment company is Existing or more than 2 years old

PPP Loan Search / IA / DES MOINES / Capital city equipment company

CAPITAL CITY EQUIPMENT COMPANY

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CAPITAL CITY EQUIPMENT COMPANY

Borrower Address

5461 NW 2ND ST

Borrower City

DES MOINES

Borrower State

IA

Borrower Zip

50313-1331

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

866000.00

Current Approval Amount

866000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122736

Servicing Lender Name

Charter Bank

Servicing Lender Address

5526 NW 86th St

Servicing Lender City

JOHNSTON

Servicing Lender State

IA

Servicing Lender Zip

50131-2928

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50313-1331

CD

IA-03

Jobs Reported

62

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

866000.00

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

Subchapter S Corporation

Originating Lender Location Id

122736

Originating Lender

Charter Bank

Originating Lender City

JOHNSTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

874058.61

Forgiveness Date

03/11/2021

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