Cit Charters, INC

$295,400 PPP Loan in Ames, Iowa

Loan Details

Loan Number
7098267306
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$295,400
Current Approval
$295,400
Forgiveness Amount
$274,154
Forgiveness Date
Jul 6, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Cit Charters, INC
Address
1501 E. Lincoln Way
City
Ames
State
Iowa
ZIP Code
50010-6538
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485510)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$9.2M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$221,550
Rent
$44,310
Utilities
$29,540

Lender Information

Servicing Lender
Franklin Bank & Trust Company
Originating Lender
Franklin Bank & Trust Company

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