PPP Loan information for Cbm financial inc

$23,610

Cbm financial inc was initially approved for PPP Loan of amount $23,610, the current approved amount is $23,610. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $23,610 was used to fund payroll.

Cbm financial inc is New Business or 2 years or less

CBM FINANCIAL INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CBM FINANCIAL INC

Borrower Address

665 RIVER OAKS DR

Borrower City

CALUMET CITY

Borrower State

IL

Borrower Zip

60409-5825

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23610.00

Current Approval Amount

23610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CALUMET CITY

Project County Name

COOK

Project State

IL

Project Zip

60409-5825

CD

IL-02

Jobs Reported

7

NAICS Code

523930

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23610.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22633.98

Forgiveness Date

11/26/2021

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