PPP Loan information for Classic industries, inc.

$257,280

Classic industries, inc. was initially approved for PPP Loan of amount $257,280, the current approved amount is $257,280. The loan was approved on 04/15/2020 by The Gate City Bank reported 25 jobs and $257,280 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

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CLASSIC INDUSTRIES, INC.

Borrower Address

599 6th St NW

Borrower City

HILLSBORO

Borrower State

ND

Borrower Zip

58045-4016

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257280.00

Current Approval Amount

257280.00

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

25

NAICS Code

332323

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

257280.00

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

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

248962.88

Forgiveness Date

12/21/2020

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