PPP Loan information for Closed loop enterprises inc

$160,314

Closed loop enterprises inc was initially approved for PPP Loan of amount $160,314, the current approved amount is $160,314. The loan was approved on 04/27/2020 by The Fairfax State Savings Bank reported 12 jobs and $160,314 was used to fund payroll.

Closed loop enterprises inc is New Business or 2 years or less

PPP Loan Search / IA / Cedar Rapids / Closed loop enterprises inc

CLOSED LOOP ENTERPRISES INC

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CLOSED LOOP ENTERPRISES INC

Borrower Address

240 33rd Ave SW Suite A

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160314.00

Current Approval Amount

160314.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24988

Servicing Lender Name

Fairfax State Savings Bank

Servicing Lender Address

409 Vanderbilt St

Servicing Lender City

FAIRFAX

Servicing Lender State

IA

Servicing Lender Zip

52228-9508

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52404-0002

CD

IA-02

Jobs Reported

12

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160314.00

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

Subchapter S Corporation

Originating Lender Location Id

24988

Originating Lender

Fairfax State Savings Bank

Originating Lender City

FAIRFAX

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161146.74

Forgiveness Date

11/05/2020

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