PPP Loan information for Target arms, inc.

$108,500

Target arms, inc. was initially approved for PPP Loan of amount $127,200, the current approved amount is $108,500. The loan was approved on 04/09/2020 by The Community State Bank reported 10 jobs and $108,500 was used to fund payroll.

Target arms, inc. is Existing or more than 2 years old

TARGET ARMS, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

TARGET ARMS, INC.

Borrower Address

1925 ROOSEVELT AVE

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53406-5036

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127200.00

Current Approval Amount

108500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53406-5036

CD

WI-01

Jobs Reported

10

NAICS Code

423910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3500.00

Payroll Proceed

90544.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6456.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

109373.95

Forgiveness Date

02/09/2021

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