PPP Loan information for Tb industries inc

$88,500

Tb industries inc was initially approved for PPP Loan of amount $88,500, the current approved amount is $88,500. The loan was approved on 04/14/2020 by The The Bank of Elk River reported 5 jobs and $88,500 was used to fund payroll.

Tb industries inc is Existing or more than 2 years old

PPP Loan Search / MN / SAINT MICHAEL / Tb industries inc

TB INDUSTRIES INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TB INDUSTRIES INC

Borrower Address

5500 QUAM AVE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-3470

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88500.00

Current Approval Amount

88500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-3470

CD

MN-06

Jobs Reported

5

NAICS Code

332439

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88500.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89215.27

Forgiveness Date

02/10/2021

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