Cedar Valley Transit Lines, INC

$92,100 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
4779017009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$92,100
Current Approval
$92,100
Forgiveness Amount
$92,868
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cedar Valley Transit Lines, INC
Address
6100 7th Street SW Ct
State
Iowa
ZIP Code
52404-7065
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561510)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$75,000
Rent
$8,100
Utilities
$4,000
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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