PPP Loan information for Local union no. 125 jatc fund

$199,487

Local union no. 125 jatc fund was initially approved for PPP Loan of amount $199,487, the current approved amount is $199,487. The loan was approved on 03/23/2021 by The Cedar Rapids Bank and Trust Company reported 8 jobs and $199,487 was used to fund payroll.

Local union no. 125 jatc fund is Existing or more than 2 years old

LOCAL UNION NO. 125 JATC FUND

Date Approved

03/23/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

LOCAL UNION NO. 125 JATC FUND

Borrower Address

5101 J St SW

Borrower City

Cedar Rapids

Borrower State

IA

Borrower Zip

52404-4914

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199487.00

Current Approval Amount

199487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar Rapids

Project County Name

LINN

Project State

IA

Project Zip

52404-4914

CD

IA-02

Jobs Reported

8

NAICS Code

611513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

199483.00

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

Non-Profit Organization

Originating Lender Location Id

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

200900.03

Forgiveness Date

12/06/2021

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