PPP Loan information for Cinco de mayo, inc.

$121,300

Cinco de mayo, inc. was initially approved for PPP Loan of amount $121,300, the current approved amount is $121,300. The loan was approved on 04/08/2020 by The Northwest Bank reported 19 jobs and $121,300 was used to fund payroll.

Cinco de mayo, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ALGONA / Cinco de mayo, inc.

CINCO DE MAYO, INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CINCO DE MAYO, INC.

Borrower Address

224 Norwood Dr

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511-1134

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121300.00

Current Approval Amount

121300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-1134

CD

IA-04

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

6065.00

Payroll Proceed

105531.00

Mortgage Interest Proceed

0.00

Rent Proceed

9704.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122317.57

Forgiveness Date

02/16/2021

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