PPP Loan information for Cfm equipment distributors,inc

$646,700

Cfm equipment distributors,inc was initially approved for PPP Loan of amount $646,700, the current approved amount is $646,700. The loan was approved on 04/11/2020 by The Comerica Bank reported 51 jobs and $646,700 was used to fund payroll.

Cfm equipment distributors,inc is Existing or more than 2 years old

PPP Loan Search / CA / SACRAMENTO / Cfm equipment distributors,inc

CFM EQUIPMENT DISTRIBUTORS,INC

Date Approved

04/11/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

CFM EQUIPMENT DISTRIBUTORS,INC

Borrower Address

1644 MAIN AVE

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95838-2409

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

646700.00

Current Approval Amount

646700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95838-2409

CD

CA-06

Jobs Reported

51

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

517392.10

Mortgage Interest Proceed

129307.90

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

651334.68

Forgiveness Date

12/31/2020

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