PPP Loan information for R3 composites corp

$1,448,972

R3 composites corp was initially approved for PPP Loan of amount $1,448,972, the current approved amount is $1,448,972. The loan was approved on 04/05/2020 by The CBI Bank & Trust reported 250 jobs and $1,448,972 was used to fund payroll.

R3 composites corp is Existing or more than 2 years old

PPP Loan Search / IN / GRABILL / R3 composites corp

R3 COMPOSITES CORP

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

R3 COMPOSITES CORP

Borrower Address

14123 ROTH RD

Borrower City

GRABILL

Borrower State

IN

Borrower Zip

46741-9678

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1448972.00

Current Approval Amount

1448972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25284

Servicing Lender Name

CBI Bank & Trust

Servicing Lender Address

301 Iowa Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-3844

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRABILL

Project County Name

ALLEN

Project State

IN

Project Zip

46741-9678

CD

IN-03

Jobs Reported

250

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1448972.00

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

Subchapter S Corporation

Originating Lender Location Id

25284

Originating Lender

CBI Bank & Trust

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1460443.03

Forgiveness Date

01/20/2021

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