PPP Loan information for Thomas l. cardella & associates, inc

$5,908,300

Thomas l. cardella & associates, inc was initially approved for PPP Loan of amount $5,908,300, the current approved amount is $5,908,300. The loan was approved on 04/10/2020 by The Farmers & Merchants Savings Bank reported 500 jobs and $5,908,300 was used to fund payroll.

Thomas l. cardella & associates, inc is Existing or more than 2 years old

THOMAS L. CARDELLA & ASSOCIATES, INC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THOMAS L. CARDELLA & ASSOCIATES, INC

Borrower Address

3735 QUEEN CT SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-4889

Loan Status Date

08/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5908300.00

Current Approval Amount

5908300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-4889

CD

IA-02

Jobs Reported

500

NAICS Code

561422

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5908300.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5987569.69

Forgiveness Date

08/23/2021

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