PPP Loan information for Root & tmr inc

$2,125,000

Root & tmr inc was initially approved for PPP Loan of amount $2,125,000, the current approved amount is $2,125,000. The loan was approved on 04/04/2020 by The The State Bank reported 102 jobs and $2,125,000 was used to fund payroll.

Root & tmr inc is Existing or more than 2 years old

ROOT & TMR INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROOT & TMR INC

Borrower Address

3040 AIRPARK DR

Borrower City

FLINT

Borrower State

MI

Borrower Zip

48507-3484

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2125000.00

Current Approval Amount

2125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLINT

Project County Name

GENESEE

Project State

MI

Project Zip

48507-3484

CD

MI-08

Jobs Reported

102

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2125000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2149626.71

Forgiveness Date

06/11/2021

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