PPP Loan information for City jet inc

$820,935

City jet inc was initially approved for PPP Loan of amount $820,935, the current approved amount is $820,935. The loan was approved on 03/18/2021 by The Loyal Trust Bank reported 41 jobs and $820,935 was used to fund payroll.

City jet inc is Existing or more than 2 years old

PPP Loan Search / AL / Montgomery / City jet inc

CITY JET INC

Date Approved

03/18/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CITY JET INC

Borrower Address

669 S Lawrence St

Borrower City

Montgomery

Borrower State

AL

Borrower Zip

36104-5849

Loan Status Date

09/07/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

820935.00

Current Approval Amount

820935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

527106

Servicing Lender Name

Loyal Trust Bank

Servicing Lender Address

11675 Medlock Bridge Rd

Servicing Lender City

JOHNS CREEK

Servicing Lender State

GA

Servicing Lender Zip

30097-1565

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montgomery

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36104-5849

CD

AL-02

Jobs Reported

41

NAICS Code

481211

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

820932.00

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

527106

Originating Lender

Loyal Trust Bank

Originating Lender City

JOHNS CREEK

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;