PPP Loan information for Cgs machine & tool inc

$652,000

Cgs machine & tool inc was initially approved for PPP Loan of amount $652,000, the current approved amount is $652,000. The loan was approved on 01/17/2021 by The Franklin Bank & Trust Company reported 48 jobs and $652,000 was used to fund payroll.

Cgs machine & tool inc is Existing or more than 2 years old

PPP Loan Search / KY / Bowling Green / Cgs machine & tool inc

CGS MACHINE & TOOL INC

Date Approved

01/17/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

CGS MACHINE & TOOL INC

Borrower Address

2750 Griffin Dr

Borrower City

Bowling Green

Borrower State

KY

Borrower Zip

42101-5317

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

652000.00

Current Approval Amount

652000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bowling Green

Project County Name

WARREN

Project State

KY

Project Zip

42101-5317

CD

KY-02

Jobs Reported

48

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

651997.00

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

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

659371.22

Forgiveness Date

03/10/2022

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