PPP Loan information for Classic industries inc

$236,212

Classic industries inc was initially approved for PPP Loan of amount $236,212, the current approved amount is $236,212. The loan was approved on 01/27/2021 by The Gate City Bank reported 26 jobs and $236,212 was used to fund payroll.

Classic industries inc is Existing or more than 2 years old

PPP Loan Search / ND / Hillsboro / Classic industries inc

CLASSIC INDUSTRIES INC

Date Approved

01/27/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

CLASSIC INDUSTRIES INC

Borrower Address

599 6th St NW

Borrower City

Hillsboro

Borrower State

ND

Borrower Zip

58045-4016

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236211.60

Current Approval Amount

236211.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsboro

Project County Name

TRAILL

Project State

ND

Project Zip

58045-4016

CD

ND-

Jobs Reported

26

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

236209.60

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

Corporation

Originating Lender Location Id

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

237195.82

Forgiveness Date

06/29/2021

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