PPP Loan information for Cemsource

$78,360

Cemsource was initially approved for PPP Loan of amount $78,360, the current approved amount is $78,360. The loan was approved on 04/14/2020 by The Tradition Capital Bank reported 5 jobs and $78,360 was used to fund payroll.

Cemsource is Existing or more than 2 years old

CEMSOURCE

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CEMSOURCE

Borrower Address

18178 MINNETONKA BLVD SUITE 18

Borrower City

WAYZATA

Borrower State

MN

Borrower Zip

55391-3350

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78360.00

Current Approval Amount

78360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYZATA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55391-3350

CD

MN-03

Jobs Reported

5

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3918.00

Payroll Proceed

15672.00

Mortgage Interest Proceed

0.00

Rent Proceed

58770.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78724.96

Forgiveness Date

10/09/2020

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