PPP Loan information for Circuit interruption technology, inc.

$421,000

Circuit interruption technology, inc. was initially approved for PPP Loan of amount $421,000, the current approved amount is $421,000. The loan was approved on 04/09/2020 by The MidWestOne Bank reported 26 jobs and $421,000 was used to fund payroll.

Circuit interruption technology, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROGERS / Circuit interruption technology, inc.

CIRCUIT INTERRUPTION TECHNOLOGY, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CIRCUIT INTERRUPTION TECHNOLOGY, INC.

Borrower Address

14680 JAMES ROAD

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374-9363

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421000.00

Current Approval Amount

421000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-9363

CD

MN-03

Jobs Reported

26

NAICS Code

335314

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26312.50

Payroll Proceed

315750.00

Mortgage Interest Proceed

26312.50

Rent Proceed

26312.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

26312.5

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

423713.11

Forgiveness Date

12/02/2020

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