PPP Loan information for Cities companies inc

$72,500

Cities companies inc was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/28/2020 by The The Bank of Elk River reported 7 jobs and $72,500 was used to fund payroll.

Cities companies inc is Existing or more than 2 years old

CITIES COMPANIES INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CITIES COMPANIES INC

Borrower Address

9145 County Rd 17

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-8318

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELANO

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-8318

CD

MN-06

Jobs Reported

7

NAICS Code

541490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73207.12

Forgiveness Date

04/21/2021

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