PPP Loan information for Tafco equipment co

$449,100

Tafco equipment co was initially approved for PPP Loan of amount $449,100, the current approved amount is $449,100. The loan was approved on 04/04/2020 by The Alliance Bank reported 45 jobs and $449,100 was used to fund payroll.

Tafco equipment co is Existing or more than 2 years old

TAFCO EQUIPMENT CO

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TAFCO EQUIPMENT CO

Borrower Address

1304 W. 1st St.

Borrower City

BLUE EARTH

Borrower State

MN

Borrower Zip

56013-1170

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449100.00

Current Approval Amount

449100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUE EARTH

Project County Name

FARIBAULT

Project State

MN

Project Zip

56013-1170

CD

MN-01

Jobs Reported

45

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

449100.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

451607.47

Forgiveness Date

11/05/2020

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