PPP Loan information for Cts enterprises inc

$120,000

Cts enterprises inc was initially approved for PPP Loan of amount $120,000, the current approved amount is $120,000. The loan was approved on 04/14/2020 by The The State Bank reported 38 jobs and $120,000 was used to fund payroll.

Cts enterprises inc is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Cts enterprises inc

CTS ENTERPRISES INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CTS ENTERPRISES INC

Borrower Address

40955 VAN DYKE AVE

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48313-3746

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120000.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48313-3746

CD

MI-10

Jobs Reported

38

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

120000.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121633.97

Forgiveness Date

09/07/2021

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