Young Cimtech LLC

$364,517 PPP Loan in New Albany, Indiana

Loan Details

Loan Number
2076657203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$364,517
Current Approval
$364,517
Forgiveness Amount
$368,536
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Young Cimtech LLC
Address
325 Park East Blvd
State
Indiana
ZIP Code
47150
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
New Business or 2 years or less
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
IN-09

Loan Use Breakdown

Payroll
$289,844
Rent
$29,000
Utilities
$11,805
Health Care
$14,843
Mortgage Interest
$939
Debt Interest
$18,086

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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