PPP Loan information for City jet inc

$820,900

City jet inc was initially approved for PPP Loan of amount $820,900, the current approved amount is $820,900. The loan was approved on 05/13/2020 by The Loyal Trust Bank reported 27 jobs and $820,900 was used to fund payroll.

City jet inc is Existing or more than 2 years old

CITY JET INC

Date Approved

05/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CITY JET INC

Borrower Address

1 COMMERCE ST Suite 110

Borrower City

MONTGOMERY

Borrower State

AL

Borrower Zip

36104-3510

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

820900.00

Current Approval Amount

820900.00

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

36104-3510

CD

AL-02

Jobs Reported

27

NAICS Code

481111

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

615675.00

Mortgage Interest Proceed

0.00

Rent Proceed

205225.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

829565.06

Forgiveness Date

06/11/2021

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