PPP Loan information for Cloud 9 council bluffs inc

$106,893

Cloud 9 council bluffs inc was initially approved for PPP Loan of amount $106,893, the current approved amount is $106,893. The loan was approved on 02/08/2021 by The Grinnell State Bank reported 14 jobs and $106,893 was used to fund payroll.

Cloud 9 council bluffs inc is Existing or more than 2 years old

CLOUD 9 COUNCIL BLUFFS INC

Date Approved

02/08/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

CLOUD 9 COUNCIL BLUFFS INC

Borrower Address

3032 S Expressway St

Borrower City

Council Bluffs

Borrower State

IA

Borrower Zip

51501-7665

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106893.00

Current Approval Amount

106893.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Council Bluffs

Project County Name

POTTAWATTAMIE

Project State

IA

Project Zip

51501-7665

CD

IA-04

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106891.00

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

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107676.88

Forgiveness Date

11/02/2021

;