PPP Loan information for Tandem specialized

$456,125

Tandem specialized was initially approved for PPP Loan of amount $456,125, the current approved amount is $456,125. The loan was approved on 04/09/2020 by The Horizon Bank reported 40 jobs and $456,125 was used to fund payroll.

Tandem specialized is Existing or more than 2 years old

TANDEM SPECIALIZED

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TANDEM SPECIALIZED

Borrower Address

5789 Industrial Drive

Borrower City

GRAYLING

Borrower State

MI

Borrower Zip

49738-7000

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

456125.00

Current Approval Amount

456125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAYLING

Project County Name

CRAWFORD

Project State

MI

Project Zip

49738-7000

CD

MI-01

Jobs Reported

40

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45612.00

Payroll Proceed

364900.00

Mortgage Interest Proceed

0.00

Rent Proceed

45613.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

459786.50

Forgiveness Date

02/03/2021

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