PPP Loan information for Ctm magnetics, inc.

$1,333,600

Ctm magnetics, inc. was initially approved for PPP Loan of amount $1,333,600, the current approved amount is $1,333,600. The loan was approved on 04/05/2020 by The UMB Bank, National Association reported 87 jobs and $1,333,600 was used to fund payroll.

Ctm magnetics, inc. is Existing or more than 2 years old

CTM MAGNETICS, INC.

Date Approved

04/05/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

CTM MAGNETICS, INC.

Borrower Address

710 W Geneva Dr

Borrower City

TEMPE

Borrower State

AZ

Borrower Zip

85282-3316

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1333600.00

Current Approval Amount

1333600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40891

Servicing Lender Name

UMB Bank, National Association

Servicing Lender Address

1010 Grand Blvd

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TEMPE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85282-3316

CD

AZ-04

Jobs Reported

87

NAICS Code

334416

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1333600.00

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

40891

Originating Lender

UMB Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1342824.07

Forgiveness Date

12/14/2020

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