PPP Loan information for Cities auto & finance, inc.

$126,662

Cities auto & finance, inc. was initially approved for PPP Loan of amount $126,662, the current approved amount is $126,662. The loan was approved on 01/20/2021 by The PrinsBank reported 12 jobs and $126,662 was used to fund payroll.

Cities auto & finance, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Crystal / Cities auto & finance, inc.

CITIES AUTO & FINANCE, INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CITIES AUTO & FINANCE, INC.

Borrower Address

5630 Lakeland Ave N

Borrower City

Crystal

Borrower State

MN

Borrower Zip

55429-2723

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126662.00

Current Approval Amount

126662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38767

Servicing Lender Name

PrinsBank

Servicing Lender Address

508 Third St

Servicing Lender City

PRINSBURG

Servicing Lender State

MN

Servicing Lender Zip

56281-3700

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal

Project County Name

HENNEPIN

Project State

MN

Project Zip

55429-2723

CD

MN-05

Jobs Reported

12

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

126660.00

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

38767

Originating Lender

PrinsBank

Originating Lender City

PRINSBURG

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127865.29

Forgiveness Date

01/06/2022

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