PPP Loan information for Cnc products acquisition inc

$192,500

Cnc products acquisition inc was initially approved for PPP Loan of amount $192,500, the current approved amount is $192,500. The loan was approved on 04/13/2020 by The Northwest Bank reported 15 jobs and $192,500 was used to fund payroll.

Cnc products acquisition inc is New Business or 2 years or less

CNC PRODUCTS ACQUISITION INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CNC PRODUCTS ACQUISITION INC

Borrower Address

2126 South 11th Street

Borrower City

NILES

Borrower State

MI

Borrower Zip

49120-4061

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192500.00

Current Approval Amount

192500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NILES

Project County Name

BERRIEN

Project State

MI

Project Zip

49120-4061

CD

MI-06

Jobs Reported

15

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4956.00

Payroll Proceed

171778.00

Mortgage Interest Proceed

0.00

Rent Proceed

15766.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183670.00

Forgiveness Date

12/09/2020

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