PPP Loan information for Cmi coatings group, inc.

$177,500

Cmi coatings group, inc. was initially approved for PPP Loan of amount $177,500, the current approved amount is $177,500. The loan was approved on 04/06/2020 by The Farmers & Merchants Savings Bank reported 16 jobs and $177,500 was used to fund payroll.

Cmi coatings group, inc. is Existing or more than 2 years old

CMI COATINGS GROUP, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CMI COATINGS GROUP, INC.

Borrower Address

5858 152ND ST N

Borrower City

HUGO

Borrower State

MN

Borrower Zip

55038-8384

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177500.00

Current Approval Amount

177500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-8384

CD

MN-08

Jobs Reported

16

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177500.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

178875.62

Forgiveness Date

01/20/2021

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