PPP Loan information for Tap industrial service inc

$561,960

Tap industrial service inc was initially approved for PPP Loan of amount $691,600, the current approved amount is $561,960. The loan was approved on 04/06/2020 by The Moody National Bank reported 58 jobs and $561,960 was used to fund payroll.

Tap industrial service inc is Existing or more than 2 years old

TAP INDUSTRIAL SERVICE INC

Date Approved

04/06/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

TAP INDUSTRIAL SERVICE INC

Borrower Address

526 Mockingbird Lane

Borrower City

CLUTE

Borrower State

TX

Borrower Zip

77531-4948

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691600.00

Current Approval Amount

561960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69994

Servicing Lender Name

Moody National Bank

Servicing Lender Address

2302 Post Office

Servicing Lender City

GALVESTON

Servicing Lender State

TX

Servicing Lender Zip

77550-1913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLUTE

Project County Name

BRAZORIA

Project State

TX

Project Zip

77531-4948

CD

TX-14

Jobs Reported

58

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

561960.00

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

Subchapter S Corporation

Originating Lender Location Id

69994

Originating Lender

Moody National Bank

Originating Lender City

GALVESTON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

565778.25

Forgiveness Date

12/15/2020

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