PPP Loan information for Red carpet car wash inc

$250,000

Red carpet car wash inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 01/19/2021 by The CBI Bank & Trust reported 42 jobs and $250,000 was used to fund payroll.

Red carpet car wash inc is Existing or more than 2 years old

RED CARPET CAR WASH INC

Date Approved

01/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RED CARPET CAR WASH INC

Borrower Address

4915 N Sheridan Rd

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61614-4852

Loan Status Date

11/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

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

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61614-4852

CD

IL-17

Jobs Reported

42

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249994.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251451.39

Forgiveness Date

08/24/2021

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