Cibc ppp loan application
Investor Relations | Hydrofarm
We may not be entitled to forgiveness of our recently received PPP Loan, and our application for the PPP Loan could in the future be determined to have been impermissible or could result in damage to our reputation. In April 2020, we received proceeds of approximately $3.3 million from a loan with the SBA under the Coronavirus Aid, Relief, and ...
[DOC File]Corporate Resolution to Borrow - RCAC
https://info.5y1.org/cibc-ppp-loan-application_1_a7590e.html
Rural Community Assistance Corporation The Governing Board of Directors of (Name of Borrower) hereby authorizes the submission of a loan application, the incurring of an indebtedness, the execution of a loan agreement and any amendments thereto, a promissory note and any other documents necessary to secure a loan from Rural Community Assistance Corporation.
[DOC File]September 4th – Wednesday
https://info.5y1.org/cibc-ppp-loan-application_1_05be52.html
Vendor’s and Purchaser’s application can be made. S.3 is the one that you may use to clear up title problems. S. 3 allows an application to be made to the court to settle a dispute between the vendor and the purchaser about a requisition. You commence this by way of notice of application using affidavits.
[DOC File]OECS Private Sector Financing Study - World Bank
https://info.5y1.org/cibc-ppp-loan-application_1_074211.html
Inadequate firm revenue was cited by 25 percent of the firms. Insufficient collateral and insufficient income (revenue) were also cited by firms as the primary reasons for having their loan application turned down. For the majority of micro and small OECS firms, lenders demanded guarantees of personal assets to secure a loan (e.g. house or ...
Investor Relations | South Plains Financial
Section 4013 of the CARES Act provides financial institutions the option to suspend the application of GAAP to any loan modification related to COVID-19 from treatment as a troubled debt restructuring (“TDR”) for the period between March 1, 2020 and the earlier of (i) 60 days after the end of the national emergency proclamation or (ii ...
Investor Relations | Primoris Services Corporation
received a loan pursuant to the "Paycheck Protection Program," as defined in Sections 1102 and 1106 of the CARES Act (a "PPP Loan") or (b) otherwise applied for or obtained any benefit, loan, right or amount under the Pandemic Response Law or any other Law enacted in the United States or Canada prior to the date hereof and intended to address ...
Investor Relations | Pulmonx Corporation
2020, we executed a Loan and Security Agreement (the CIBC Agreement) with Canadian Imperial Bank of Commerce (CIBC), which provided us with the ability to borrow up to $32.0 million in debt financing. As of June 30, 2020, we have borrowed $17.0 million under the CIBC Agreement.
Investor Relations | Hydrofarm
On April 7, 2020, we entered into a U.S. Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) promissory note in the principal amount of $3.3 million payable to JP Morgan Chase, N.A. (the “PPP Lender”) evidencing a PPP loan from the SBA (the “PPP Loan”). The PPP Loan will bear interest at a rate of 1% per annum.
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