PPP Loan information for C.m.i. equipment and engineering co.

$202,200

C.m.i. equipment and engineering co. was initially approved for PPP Loan of amount $202,200, the current approved amount is $202,200. The loan was approved on 04/05/2020 by The Citizens State Bank Norwood Young America reported 17 jobs and $202,200 was used to fund payroll.

C.m.i. equipment and engineering co. is Existing or more than 2 years old

C.M.I. EQUIPMENT AND ENGINEERING CO.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

C.M.I. EQUIPMENT AND ENGINEERING CO.

Borrower Address

41663 170TH ST

Borrower City

GLENCOE

Borrower State

MN

Borrower Zip

55336-5236

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202200.00

Current Approval Amount

202200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38711

Servicing Lender Name

Citizens State Bank Norwood Young America

Servicing Lender Address

409 Faxon Rd

Servicing Lender City

NORWOOD YOUNG AMERICA

Servicing Lender State

MN

Servicing Lender Zip

55368

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENCOE

Project County Name

SIBLEY

Project State

MN

Project Zip

55336-5236

CD

MN-07

Jobs Reported

17

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12000.00

Payroll Proceed

181980.00

Mortgage Interest Proceed

0.00

Rent Proceed

8220.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38711

Originating Lender

Citizens State Bank Norwood Young America

Originating Lender City

NORWOOD YOUNG AMERICA

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

203733.35

Forgiveness Date

01/14/2021

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