PPP Loan information for Cloudburst, sbc

$162,500

Cloudburst, sbc was initially approved for PPP Loan of amount $170,000, the current approved amount is $162,500. The loan was approved on 04/14/2020 by The Customers Bank reported 9 jobs and $162,500 was used to fund payroll.

Cloudburst, sbc is Existing or more than 2 years old

PPP Loan Search / MN / Edina / Cloudburst, sbc

CLOUDBURST, SBC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CLOUDBURST, SBC

Borrower Address

3113 West 54th Street

Borrower City

Edina

Borrower State

MN

Borrower Zip

55410

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170000.00

Current Approval Amount

162500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55410-0001

CD

MN-05

Jobs Reported

9

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162500.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154282.22

Forgiveness Date

11/09/2020

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