PPP Loan information for Cit holdings inc.

$31,875

Cit holdings inc. was initially approved for PPP Loan of amount $31,875, the current approved amount is $31,875. The loan was approved on 04/08/2021 by The Independent Bank reported 9 jobs and $31,875 was used to fund payroll.

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

CIT HOLDINGS INC.

Date Approved

04/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CIT HOLDINGS INC.

Borrower Address

5778 Forest Glen Dr SE

Borrower City

Ada

Borrower State

MI

Borrower Zip

49301-9048

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31875.00

Current Approval Amount

31875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ada

Project County Name

KENT

Project State

MI

Project Zip

49301-9048

CD

MI-03

Jobs Reported

9

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

31872.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32160.57

Forgiveness Date

03/08/2022

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