PPP Loan information for Tarus products inc

$842,290

Tarus products inc was initially approved for PPP Loan of amount $842,290, the current approved amount is $842,290. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 80 jobs and $842,290 was used to fund payroll.

Tarus products inc is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Tarus products inc

TARUS PRODUCTS INC

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TARUS PRODUCTS INC

Borrower Address

38100 Commerce Dr

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48312-1006

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

842290.00

Current Approval Amount

842290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48312-1006

CD

MI-10

Jobs Reported

80

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

842290.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

853897.45

Forgiveness Date

07/01/2022

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