PPP Loan information for Cit charters inc.

$295,468

Cit charters inc. was initially approved for PPP Loan of amount $295,400, the current approved amount is $295,468. The loan was approved on 01/23/2021 by The Northwest Bank reported 24 jobs and $295,468 was used to fund payroll.

Cit charters inc. is Existing or more than 2 years old

PPP Loan Search / IA / Ames / Cit charters inc.

CIT CHARTERS INC.

Date Approved

01/23/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

CIT CHARTERS INC.

Borrower Address

1501 E Lincoln Way

Borrower City

Ames

Borrower State

IA

Borrower Zip

50010-6538

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

295400.00

Current Approval Amount

295468.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ames

Project County Name

STORY

Project State

IA

Project Zip

50010-6538

CD

IA-04

Jobs Reported

24

NAICS Code

485510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

295465.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

297659.39

Forgiveness Date

10/27/2021

;