PPP Loan information for Cif industries inc.

$223,800

Cif industries inc. was initially approved for PPP Loan of amount $223,800, the current approved amount is $223,800. The loan was approved on 04/03/2020 by The United Community Bank reported 24 jobs and $223,800 was used to fund payroll.

Cif industries inc. is Existing or more than 2 years old

CIF INDUSTRIES INC.

Date Approved

04/03/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CIF INDUSTRIES INC.

Borrower Address

20988 OLD ROUTE 66

Borrower City

STAUNTON

Borrower State

IL

Borrower Zip

62088-4312

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223800.00

Current Approval Amount

223800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20465

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 N Main St

Servicing Lender City

CHATHAM

Servicing Lender State

IL

Servicing Lender Zip

62629-1019

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

MACOUPIN

Project State

IL

Project Zip

62088-4312

CD

IL-13

Jobs Reported

24

NAICS Code

336212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223800.00

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

20465

Originating Lender

United Community Bank

Originating Lender City

CHATHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181933.10

Forgiveness Date

12/28/2020

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