Ccb Packaging, Inc.

$2,353,500 PPP Loan in Hiawatha, Iowa

Loan Details

Loan Number
4344377002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$2,353,500
Current Approval
$2,353,500
Forgiveness Amount
$2,381,154
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ccb Packaging, Inc.
Address
1905 N Center Point Rd
State
Iowa
ZIP Code
52233-2101
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561910)
Business Age
Existing or more than 2 years old
Jobs Reported
218
Estimated Revenue
$41.2M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,883,000
Rent
$88,000
Utilities
$94,100
Mortgage Interest
$72,000
Debt Interest
$216,400

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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